Reckitt stock stumbles on revenue miss and margin concerns

Reckitt stock stumbles on revenue miss and margin concerns

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Not even the start of a £1 billion ($1.21 billion) buyback program could save shares of Reckitt RKT, on Wednesday, as they dropped nearly 7% after the consumer goods group missed revenue expectations. The London-listed company, whose brands include Nurofen, Dettol and Durex, said third quarter…

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