EnergyWatch

Ørsted's market value exceeds Maersk's for the first time

Maersk Group's declining share price has sent the company's stocks below Ørsted's for the first time, writes Danish business daily Berlingske Business.

Photo: Ørsted PR

Friday, Ørsted overtook Maersk for the first time when measured in stock values, reports Danish business daily Berlingske Business.

Over the past year, Maersk shares declined by 40 percent while the Ørsted share price increased by 30 percent, meaning that Maersk's market value is down by DKK 159 billion (EUR 21.3), DKK 3 billion less than Ørsted's market value. The Maersk share has been squeezed by the fact that analysts are expecting a downgrade of the company's expectations.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs