Altice has sadly led the Telecom sector and even the High Yield sector in recent weeks.
Concern over the Group’s outlook and debt led the stock to lose 59% of its value in November.
But it is the entire Telecom sector that is deprived of a stock market party this year: while the Eurostoxx600 has increased by almost 10% since the beginning of the year (including the dividend), the Telecom index has lost 1% at the same time
Our TEL ETF analysis (Lyxor Telecom Europe)
Spread TEL (Lyxor Telecom Europe) / SXXR (Stoxx600 Net Return) : weekly data
