Evraz - EVR ⛏

EVR has been added to Freetrade’s stock universe :slight_smile:

Could someone give an opinion on what has caused the price drop for Evraz, this seems to be the lowest they have been for a while.

A cooling world economy, and steel is always the first to show since it’s used in all building activities and is therefore a proxy for the world economy’s downturn.
But in the end, nobody knows why exactly. Analyst change their forecasts and the markets move.

2 Likes