(Alliance News) - The following stocks are the best and worst performers on Italy Growth on Wednesday afternoon in Piazza Affari.

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WINNERS

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4AIM Sicaf takes the top spot, rallying 9.4 percent to EUR197.00 per share. The company announced Wednesday that it has mutually terminated its relationship with Davide Mantegazza, the company's chief financial officer and investor relator, for personal reasons.

The company informed that activities to select a new chief financial officer were promptly initiated, and CEO Giovanni Natali has taken over the role of investor relator on an interim basis.

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Alfonsino also does well, gaining 8.6 percent. The stock is up 27 percent in the last month and 17 percent in the last year, while it has left 35 percent on the parterre in the last six months.

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LOSERS

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Pharmacosmo sits on the bottom and gives up 3.8%. The company reported that, in the first half of the year, total revenues stood at EUR36.7 million, up 17 percent from the same period last year.

As the company explained, the growth is driven by the retail component, up 33% year-on-year, whose weight is increasingly predominant compared to B2B, down 17%: as of June 30, the weight of B2B revenues was 33% compared to the 56% recorded at the date of listing. In fact, the group continues to focus its efforts on the most profitable core business: retail and digital services.

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By Claudia Cavaliere, Alliance News reporter

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