Tahoe Resources (TAHO) Bounces Following Thursday's Drop on Market Chatter
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Following Thursday's wild ride, Tahoe Resources (NYSE: TAHO) is rebounding nicely, up over 9 percent on the session.
Tahoe finished 24 percent lower yesterday on chatter that Guatemala would be changing wording in its Constitution, which might have had an adverse effect on the company's operations in the country.
Tahoe issued a statement later in the session, easing some investor fears.
Ahead of the recent fall, shares were generally trading within a range of $16 to $19.
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Tahoe finished 24 percent lower yesterday on chatter that Guatemala would be changing wording in its Constitution, which might have had an adverse effect on the company's operations in the country.
Tahoe issued a statement later in the session, easing some investor fears.
Ahead of the recent fall, shares were generally trading within a range of $16 to $19.
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