Amer Sports Trading Volume Plummets 34.43 Percent to 496th Rank

Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 8:51 pm ET1min read

On May 30, 2025,

Inc. (AS) experienced a significant decline in trading volume, with a total of 3.07 billion shares traded, marking a 34.43% decrease from the previous day. This placed Amer Sports at the 496th position in terms of trading volume for the day. The stock price of Amer Sports Inc. (AS) has been on a downward trend, falling by 1.28% over the past three days, with a cumulative decline of 5.51%.

Amer Sports Inc. recently completed a public offering of 35 million shares. The company did not receive any proceeds from this share sale,

the selling shareholder was responsible for the offering. This move is part of the company's strategic efforts to manage its shareholder base and liquidity.

In a research report released on Wednesday, Morgan Stanley adjusted its price target for Amer Sports from $28.00 to $33.00, maintaining an "equal weight" rating for the company. This adjustment reflects the analysts' assessment of the company's current market position and future prospects.

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