NKT hit by fear of lost contract

Rumors in the market of NKT having to see its order for the interconnector Viking Link lost to a competitor causes equity valuations to drop.

NKT equities take a plunge on Tuesday when rumors are circulating that NKT is possibly losing an important contract.

This concerns the interconnector Viking Link, which according to market rumors, will probably will not go to NKT. The equity valuation bled 10.7 percent to EUR 16.7.

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