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Royal Mail Shares 'No Longer Compelling'

Royal Mail shares dipped by almost 3% after a research note from investment bank Cantor Fitzgerald said they are "no longer compelling" as an investment. The communications firm was privatised by the UK government in October in a controversial flotation onto the London Stock Exchange. Royal Mail's share price rocketed to a peak of 607p, having floated at an offer price of 330p. Business …

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