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Platinum Group Metals Ltd. shares fall 2.29% intraday as Mpac Group restructures US operations due to tariffs.
ByAinvest
Tuesday, Jul 1, 2025 2:31 pm ET1min read
Platinum Group Metals Ltd. dropped 2.29% in intraday trading. The decline in stock price may be attributed to the negative impact of U.S. trade tariffs, falling consumer confidence, and growing economic uncertainty on Mpac Group, a UK-based packaging and automation solutions company. The company warned of lower-than-expected annual results and announced restructuring of its operations in the United States.
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