TECO2.BA is trading 2.9% up at $4072.50 as fresh analyst upgrades and progress on the Telefónica Móviles acquisition drive a continued rebound.
- The move follows positive developments regarding antitrust conditions for the planned merger, which has bolstered investor confidence in the deal's completion.
- Broader equity markets are in a risk-on mode, supporting renewed optimism toward Telecom Argentina’s outlook and strategic repositioning.
- Today's price action extends a recovery trend that began last week, helping the stock bounce back from a period of recent weakness.