Brunello Cucinelli shares suspended from trade pending company statement, Italian bourse says

ROME (Reuters) -Shares in Italian luxury group Brunello Cucinelli are suspended from trading on the Milan market pending a statement from the company, Borsa Italiana said on Thursday.

The fashion group’s stock was down almost 5% on Thursday after financial analysis group Morpheus Capital said it had taken a short position on Cucinelli shares.

The group did not immediately reply to a Reuters request for comment.

(Reporting by Giulia Segreti, editing by Gavin Jones)

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