Home » SHARE IN FOCUS 2/No split: Bayer falls to almost 20-year low

SHARE IN FOCUS 2/No split: Bayer falls to almost 20-year low

by admin
SHARE IN FOCUS 2/No split: Bayer falls to almost 20-year low

(new: closing price added to the 1st paragraph)

FRANKFURT (dpa-AFX Broker) – A strategy update on Tuesday did not provide the relief investors had hoped for for Bayer shares. After the price was halved within ten months, the shares of the DAX group lost a further 7.6 percent to just under 26 euros. They came under increasing pressure as the day progressed and fell to a low in almost 20 years. The last time the shares were worth so little was in 2005.

Although the agricultural chemicals and pharmaceutical company’s operating result exceeded the average analyst estimates last year, this was also due to one-off effects, explained analyst Richard Vosser from JPMorgan Bank.

Advertisement ShortLong

See also  A book compiles "100 photographs of Loja" - breaking latest news

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy