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Monthly: Acceleware plummets 14.6% on low volume

Feb 28, 2017 - News Bites Canadian Markets

CANADIAN MONTHLY STOCK REPORT

Acceleware (TSXV:AXE), Canada's 31st largest Application Software company by market cap, has plummeted 3.50c (or 14.6%) in the trailing month to close at 20.50c, ending a two-month streak of rises. The volume was 0.3 times average trading of 4.1 million shares. Compared with the S&P/TSX 60 Index which fell 1.6 points (or 0.2%) in the month, this represented a relative price change of -14.4%. In the past month the market cap has slumped CAD2.5 million.

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