WH Smith shares crash 42% after ‘disastrous’ accountancy black hole

WH Smith 2

Shares have gone into freefall at WH Smith after investors reacted in horror to the shock news of a £30m black hole in its profits

WH Smith’s share price tanked by 42% as markets opened in London today, wiping around £589m off the market cap and sending the stock to a more than 10-year low of 640p.

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