Prysmian is trading 3.5% up today at €123.60 as investors reassess the Atkore acquisition announcement and concerns regarding funding and leverage ease.
- The stock is rebounding as market participants reconsider the financial impact of last week's deal, with initial balance sheet worries beginning to subside.
- Positive momentum is further supported by broad strength in the Industrials sector, driven by robust manufacturing PMI data and a general risk-on tone in global markets.