Bayer shares: price goes down - effects on the Dax

Bayer shares: price goes down - effects on the Dax

According to a report by www.welt.de, Bayer shares are going downhill again. With a downward trend of 0.95 percent, Bayer is only in the bottom third of the DAX at the end of trading in Frankfurt. The share was quoted at 32.32 euros, compared to a closing price of 32.62 euros on the last trading day. It remains to be seen whether the losses will continue.

Bayer AG belongs to the midfield of the DAX with a share of 1.87% and a market value of 31.71 billion euros. In the financial year that ended in 2022, the company achieved sales of 50.74 billion euros and a profit of 4.10 billion euros. At the end of 2022, the company had around 100,873 employees worldwide.

This development has negative effects on the stock market and investors. The downward movement of Bayer shares shows that the company is stagnating compared to the DAX. The loss from the 52-week high of 48.63 percent also shows that investor confidence in the company's long-term prospects may be declining. Bayer's competitiveness in the DAX has weakened, which could also have long-term effects on the industry.

It remains to be seen whether Bayer will take action to restore investor confidence and compete in the market.