The stock is steadily recovering after the third quarter results communicated last week – Numbers "that did not disappoint investors", as a broker points out, noting that investors probably realized that the shares were now "a bit undervalued after two profit warnings in less than six months this year.
Saipem's rally continues in Piazza Affari, gaining more than three percentage points at the beginning of the afternoon, achieving the best increase in the Ftse Mib. The stock is steadily rising after that the results of the third quarter communicated last week.
Numbers "that have not disappointed investors", as a broker points out, noting that investors probably realized that the shares were now "a bit undervalued after two profit warnings in less than six months this year".
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
