Toshiba shares tumble more than 10% over huge loss warning

WEDNESDAY, FEBRUARY 15, 2017
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TOKYO - Toshiba shares tumbled more than 10 percent shortly after the opening bell on Wednesday, after the company warned it was on track to book a $6.2 billion writedown in its US nuclear power business.

The stock plunged 12.23 percent to 201.7 yen in the first several minutes of trading.