Why did Gjensidige Forsikring fall on 6 October?
Written after the close on
Gjensidige Forsikring −1.58%
Gjensidige fell clearly, with analyst target cuts the likely drag. Over the last five trading days Gjensidige Forsikring fell sharply, more than a slightly weaker Oslo Børs benchmark, so the week was worse than the market. Lower targets, even alongside buy ratings, likely weighed on sentiment in a financials sector that also drifted with the broader market. Watch the late-October earnings report, the next scheduled event that could move the shares.
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