A European Starlink rival's shares skyrocketed 390% in a week — here's why
A European Starlink rival's shares skyrocketed 390% in a week — here's why
www.cnbc.com A European Starlink rival's shares skyrocketed 390% in a week — here's why
Shares of French satellite operator Eutelsat gained over 550% in a three-day rally last week.
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Key points:
- Shares of French satellite operator Eutelsat skyrocketed almost 390% last week.
- Eutelsat shares continued to climb Monday, jumping more than 22%.
- The gains follows speculation that Eutelsat could replace Elon Musk’s Starlink in Ukraine.
And a lot of other places
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