'Gamestop effect': retail traders seen behind Eutelsat's 650% surge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 06 2025
0mins
Source: Reuters
Eutelsat's Stock Surge: Eutelsat's shares have surged nearly 650% over four days, driven by retail traders and speculation that the company could replace Starlink in providing internet access to Ukraine amidst geopolitical tensions.
Market Reactions and Future Outlook: Despite the stock rally, analysts caution that underlying economic challenges remain, with Fitch cutting its long-term rating and indicating a need for significant funding, while discussions with the EU and Italian government may offer potential growth opportunities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
