Why did Bravida Holding stock fall on 7 October?
Written after the close on
Bravida Holding −2.52%
Bravida falls sharply as the wider market slides. Bravida Holding, listed on Nasdaq Stockholm, fell sharply in the latest session, in line with a sharply weaker OMX Stockholm 30, so the market's direction is the likely driver rather than anything specific to the company. Over the last five trading days it fell clearly while the index slipped only slightly, so it moved more than the market. The only company items were routine buy-back reports under a programme already running since the summer and an invitation to the third-quarter report, neither of which explains a move of this size. What to watch next is that report in late October, when the CEO and CFO present results.
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