Prysmian is trading at €110.90 (3.3% down) as investors lock in gains following a strong earnings-driven rally earlier this week.
- The company raised its 2026 profit forecast and beat second-quarter expectations, driven by surging demand for data-center cables.
- Despite the positive guidance, the stock is being pressured by a broader sell-off in the industrials sector and a technical pullback after recent steep gains.