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Ebix stock in record plunge after bankruptcy filing – ET TravelWorld

Ebix stock in record plunge after bankruptcy filing – ET TravelWorld

Shares of Ebix Inc. plummeted 54.6 per cent towards a 17-year low in premarket trading on Monday, after the Georgia-based provider of on-demand software for the insurance, financial services, travel and healthcare industries said it filed for bankruptcy, MarketWatch reported. The company said it will continue to operate “normally”, and that its affiliates outside of … Read more