Shortly after the close of the UK trading session, Liberty Global announced in a statement that the company had purchased nearly 1.335 billion shares in Vodafone (VOD.UK), equivalent to a 4.92% stake. As Liberty's CEO added, the current share price in his view does not reflect the company's long-term operating prospects. The company's US-listed ADRs are currently trading close to 3% up.
Source: Bloomberg
Source: xStation5
Market wrap: European indices rebound 🔼 Defence stocks on the rise
TSMC in Talks with Elon Musk Over Terafab
Daily summary 📈 Precious metals and stock indices rebound as Treasury yields fall
US Open: Nasdaq 100 extends losses 🚩 AI stocks under pressure, CoreWeave falls 8%