Swissquote Group is trading 4.1% down at CHF 40.26 as a sharp risk-off tone in global markets and falling cryptocurrency prices weigh on the online broker.
- Sentiment is being pressured by significant declines in Bitcoin and Ethereum alongside broader weakness in the technology sector.
- A recent UBS downgrade to sell continues to overhang the stock, with analysts citing concerns over slowing trading volumes and reduced crypto activity.