Concordia sinks 39% to $12.95

Concordia International Corp. tumbled after the drug company slashed its 2016 forecast, suspended its dividend and announced the departure of chief financial officer Adrian de Saldanha. It sank $8.31 or 39.09 per cent Friday to $12.95 in Toronto. The stock has plummeted 71 per cent this year after a more than seven-fold increase since 2012.