Eckert & Ziegler dives on report of capital increase

Eckert & Ziegler SE

06/12/2022 09:28

** Shares in Eckert & Ziegler  EUZG.DE  drop as much as 14%,
after a trader points to a report saying the company might be
carrying out a capital increase
    ** "There is no capital increase ongoing or planned at
Eckert & Ziegler," the company's spokesperson told Reuters
    ** The stock narrowed some losses after the company's
response and was down 11% by 0927 GMT
    ** If losses hold, the stock will see its worst day in 5
months
    ** Up to Monday's close of EUR 55.30, the stock had gained
nearly 88% from its intraday low on July 5
 (Reporting by Linda Pasquini)
 ((Linda.pasquini@thomsonreuters.com))