Quindell update fails to halt tumbling share price

Quindell logo

Quindell's share price has fallen by almost 25% over four days of trading, in spite of optimistic trading updates issued by the firm.

Ahead of H1 results expected on 21 August, the outsourcing firm said on 6 August that Quindell had met all key performance indicators for earnings.

It added that connected car initiatives across the

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