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Varta (VAR1) stock down on weaker than expected outlook – Idaho Reporter

Varta stock (ETR:VAR1) is one of the biggest losers on Thursday as price is down more than 10%. As in the middle of the week, many investors sold the share on Thursday. A disappointing outlook provided additional sales arguments. Mainly good business figures and the promised first-time dividend payment could do little, however. In the early afternoon, the shares lost almost 13% to 134.80 euros, which is the second weakest daily performance in the MDax – only the fertilizer company K + S was even weaker in the index of medium-sized companies in view of a balance sheet review by the Federal Financial Supervisory Authority (Bafin).

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