'Risk on' mode lifts GN shares

Ambu A/S

02/01/2023 09:33

** Shares of Danish hearing aid and audio solutions maker GN
 GN.CO  rise 5.5% in the first trading session in 2023
    ** Morten Larsen from ABG Sundal Collier attributes the
share price surge to a positive market opening on Monday and a
correction after a week December
    ** The stock lost 61% in 2022, including an 8% drop in the
last month
    ** Nordnet analyst Per Hansen says the move is predominantly
an effect of a "risk on" mode
    ** He adds that GN together with Ambu  AMBUb.CO  and
Bavarian Nordic  BAVA.CO  are Danish "risk on" stocks
    ** Shares of GN are among best performers on STOXX 600
 .STOXX  index
    ** Ambu, which leads STOXX gains, is up 6%, while Bavarian
Nordic rises 3.6%
 (Reporting by Izabela Niemiec)
 ((izabela.niemiec@thomsonreuters.com))