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MercedesCNBC
•79% Informative
Mercedes shares fall more than 8% Friday after the German carmaker cut its 2024 guidance.
The company said it now expects group earnings before interest and taxes (EBIT) to come in "significantly below" the previous year .
Mercedes shares pared losses slightly to trade 7% lower as of 9:15 a.m. time Friday .
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Informative language
95
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