Why did NIBE Industrier move?
Written after the close on
Nibe rose clearly as margin growth reassured investors. Over the last five trading days Nibe fell slightly, a bigger move than a slightly weaker Stockholm market, with the decline coming earlier in the week before the latest session's rebound. The likely driver is last week's report of improved margins, which partly offset profit-taking after the stock's run toward its high. Watch the mid-November earnings report for confirmation that margins are holding.
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History in plain words, not investment advice.