Micro Focus Profit Warning: Shares Plunge 30% on Revenue Miss

micro focus profit warning

Micro Focus Profit Warning: It is not usual that a FTSE100 company loses billions of pounds of its market cap, but that’s what has happened to Micro Focus International (LON:MCRO). Already facing a downturn in revenues, the company has revised its guidance even further, and the share price has tumbled as a result: Profit warnings … Read more