According to the given financial data, the price of Balancer's shares fell by 12.5 percent on average. This happened after the company announced poor financial results for the previous quarter. The decline in share prices was related to the overall decrease in demand for the services offered by this company.
Representatives of the company stated: "We understand the seriousness of the situation and have already begun working on a plan of action to improve our financial performance. We are confident that with the right steps we can restore our investors' trust and increase the value of our shares."
The drop in share prices by 12.5 percent in one day is a significant event for the Balancer company and its investors, which is why all eyes are now on how the company will handle the current situation and whether it can restore market confidence.
