European Stock Market

113 readers

58 users here now

Welcome to the European Stock Market Lemmy Community! This community is dedicated for European stock discussion.

founded 1 day ago

MODERATORS

Bondar@lemmy.world

Eutelsat (lemmy.world)

submitted 1 day ago by Bondar@lemmy.world to c/stocks_eu@lemmy.world

6 comments fedilink hide all child comments

Eutelsat used to trade at a price of 30€ per share and now the demand for Starlink alternative is on the rise. Do you believe that Eutelsat can return to its ATH or is this just big dead cat bounce? What's your thought

you are viewing a single comment's thread
view the rest of the comments

[–] ukazuyr@lemmy.world 3 points 1 day ago (1 children)

It can, but not in short term. Current spike in price was due to news in media. Probably will spike again if they manage to secure some funds from EU soon.

[–] Bondar@lemmy.world 1 points 1 day ago

I Hope so .. I was afraid to buy-in after the two days of +200% - which thankfully was a correct decision.. However I caved in and bought-in today @6,6 .. which now seems like a correct decision .. hoping to do +30% gain on this one short-term.. we will see though