Germany's IWKA falls 5 pct on talk of large seller

Newswire

FRANKFURT, Nov 22 (Reuters) - IWKA shares fell around 5 percent on Monday on market talk that a large investor was selling stock in the German industrial company. By 1441 GMT, the stock was down 4.9 percent at 18.25 euros, making it the largest decliner in the mid-cap index MDAX . Trading volumes were almost four times higher than the 90-day average of around 60,000 shares. The stock has outperformed the index this year but was the biggest underperformer in November in the MDAX. "There ...

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