GN shares shine with US-China tariff break

Logitech International SA

12/05/2025 11:53

** Shares in Danish hearing aids and headsets maker GN Store Nord GN.CO rise more than 8% after the U.S. and China temporarily paused their reciprocal tariffs

** Analyst Alex Morozov from Morningstar notes that GN share price has been highly volatile over the past few months as "so much of GN near-term prospects rest on the health of its Enterprise segment, which is linked to the corporate spending"

** Morozov also says that any potentially positive news on the economy have a pronounced effect on the stock's performance

** The stock, +8.4% at 1045 GMT, extends gains to a third straight session and is among top performers on the pan-European STOXX 600 .STOXX index

** GN's peer within computer peripheral equipment Logitech LOGN.S is up 7.6% and on track for its best day since Oct 2023

 (Reporting by Vera Dvorakova)

 ((vera.dvorakova@thomsonreuters.com))