Swiggy shares fall another 2% to hit new low. Will it hit Macquarie target price of Rs 325?

Swiggy shares continued to fall for the fourth consecutive day on Friday as investors continued to sell the stock after the company’s Q3 EBITDA losses were higher than Street estimates. During the day, Swiggy stock fell up to 2.5% to Rs 379.20 on BSE. Macquarie is the biggest bear on the stock…