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Countryside shares continue to tumble

Beleaguered housebuilder Countryside has seen further losses following its AGM today.

The FTSE 250 company fell 4.3% to 314.8p, bringing it in line with values at the start of the pandemic.

Last week, Countryside reported poor performance in its Q1 financials, as completions, revenue and profits all fell, and chief executive Iain McPherson announced his departure with immediate effect. Shares fell 21% as the market digested the results.

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