Technology stocks are punished after rating downgrade

Technology stocks are punished after rating downgrade

On Wednesday, the stock is pointing up on the Oslo Stock Exchange. At lunchtime, the main index stood at 1,343.76 points, up 0.1 percent. A barrel of North Sea oil is sold at $89.22, an increase of 0.4 percent. Equinor was almost unchanged at NOK 297.95 Aker BB It rose 0.7 percent to 282.30 Norwegian kroner.

Caring for life It has reached its trial production target for the Sencell sensor, paving the way for automated production at the end of the second quarter as planned.

-Based on trial production, we are confident about the further process. This is definitely a huge achievement for the company. “We will launch the sensor for the veterinary market first,” says Managing Director Joachim Holter. The stock rose 50.1 percent to NOK 4.35.

Arctic Securities lowers its recommendation to Al Shamal Semiconductor From Wait to Sell, the target price is set from NOK 75 to NOK 70. The brokerage cuts its revenue estimates by four percent, and sees a particular downside to the consensus from the second half of 2024 onwards. The stock fell 3.4 percent to NOK 79.74.

Major shareholder and board member Gunnar Hvamen, through investment firm Solan Capital, bought 1 million shares in it Deep value training Priced at NOK 27.15 each. Following this deal, Hvammen has eight million shares in the company, equivalent to an ownership stake of 9.3 percent. The stock rose 1.7 percent to 27.45 Norwegian kroner.

Athea Sweden has signed a new framework agreement with the Swedish Medicines Agency, the Swedish Geological Survey, the Veterinary Institute and the Norwegian Food Administration. The value of the framework agreement amounts to a total of 610 million Swedish krona over a maximum period of four years. The stock fell 0.3 percent to 128.60 Norwegian kroner.

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The New York Stock Exchange approved the listing of its shares HafniaThe first trading day is expected to be April 9 under the symbol HAFN. The company will continue to be primarily listed on the Oslo Stock Exchange. Hafnia will not issue shares in connection with the Wall Street listing. The stock rose 2.0 percent to 77.15 Norwegian kroner.

It is also worth noting that NOK 370 million worth of shares were traded in the Dof Group. The stock rose 0.1 percent to 72.50 Norwegian kroner. SoftX Solutions It rose a whopping 93.6 percent to NOK 0.60, while at the same time the shares traded at a modest NOK 387,000.

Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

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