🔴 SES is trading 4.4% down with no specific cause reported

SES is trading at €4.10, with a -4.43% change; available reporting does not establish a specific cause for the October 27 decline.

• On October 27, SES announced its strategic partnership with CANAL+ was extended through 2040, covering satellite capacity across Europe, Africa and the Caribbean.
• On October 26, New Street Research raised its rating from sell to neutral and its price target from €4.50 to €5; this prior-day action does not explain the current decline.