Shares in HSS have fallen by 11.7% after investors abandoned the beleaguered tool hire firm following yet another profit warning. Shares in stricken construction hire firm HSS fell yesterday as investors bailed out after another profits warning. HSS is worth just £ 83.4m ( just £ ), 77% down since its shares were first listed in February 2015 . The company’s poor performance has led analysts to suggest a merger with rival firm Speedy Hire . “Losses are growing too quickly. The conditions are challenging and investors are losing patience”, said Neil Wilson , senior market analyst at HSS .
Shares in HSS have fallen by 11.7% after investors abandoned the beleaguered tool hire firm following yet another profit warning. HSS is worth just £ 83.4m ( just £ ), 77% down since its shares were first listed in February 2015 . The company’s poor performance has led analysts to suggest a merger with rival firm Speedy Hire . “Losses are growing too quickly. The conditions are challenging and investors are losing patience”, said Neil Wilson , senior market analyst at HSS .