(Tiper Stock Exchange) – The shares are declining again Of BetterThisa company listed on Euronext Growth Milan and one of the main Italian operators in the multi-channel customer experience sector, after the year-end rally. The stock had closed at €1.56 on 21 December 2022, reaching the new lows since the June 2021 quotation (placement at €1.40), before returning to €2 on 30 December 2022, in any case far from above €4 of October 2021 (high since IPO).
In the last few days of the year, purchases by top management also arrived, with the aim of reaffirming their involvement in the project. The president Jaime Torrents purchased about 30,000 shares between 22 and 28 December, then emphasizing in a note that “the important results we are achieving, under management’s guidance, for the growth of new businesses and the concrete development of the industrial project are a strong incentive to continue investing in our work“.
On the days of 27 and 28 December the CEO Felice Saladini instead, he bought about 9,000 shares of the company.
Downhill today Better thiswhich stands at 1.9 euros with a drop of 4.90%, making it the worst stock in the FTSE Italia Growth index. An extension of the bearish phase is expected for the rest of the session with a support area seen at 1.863 and subsequently at 1.827. Resistance at 1.973.
(Photo: Maxim Hopman on Unsplash)