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Down 6.3% today. Are AMP shares a buy, hold, or sell?

Image source: Getty Images
The AMP Ltd (ASX: AMP) share price has plunged 6.28% to $1.79 per share. Over the year, the share price is 12.23% lower.
Today’s share price drop follows AMP’s third-quarter update, released yesterday morning. AMP announced that its total assets under management (
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