PremiumUpdatedBusinessDesk18 May, 2026 06:25 AM5 mins to readInfant milk supplier a2 Milk fell 38c or 5.07% to $7.12 following a Citigroup downgrade that cut the firm's earnings by 5-10% and its valuation by 30%.The New Zealand sharemarket came under broad-based selling pressure and fell more than 1.5%, with several stocks taking hefty tumbles.The S&P/NZX 50 Index was on a gradual slide throughout the day and closed at 12,762.92, down 202.09 points or 1.56%.
There were 107 decliners and 34 gainers on the
