This afternoon, Atos shares posted the strongest rise on the SBF120 (+3.7%), following a decline of almost 10% in one week. The stock has lost almost 47% since January 1.

The stock suffered a further fall last Friday (-7.7%) after S&P downgraded it to B- from BB-, with a 'CreditWatch Developing' outlook.

The downgrade is the result of a material weakness in the estimate of the group's liquidity coverage ratio due to the imminent maturity of its debt. This outlook indicates that the rating agency could lower its rating further if the company is unable to refinance its debt' says Invest Securities.

' On the other hand, this news increases the pressure on Atos management and does not put it in a strong position in its negotiations with Airbus for the sale of BDS and D. Kretinsky for the sale of Tech Foundations ' adds the analyst firm.

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