The IPO of Sunrise (UPC) on 15 November remains a bumpy road. According to the latest data, the SUNN share price was at 41.46 francs on 22 November 2024 at the close, a decrease of around 7.4% compared to its IPO price. A mixed reception from investors, to say the least.
Despite a slight recovery over the last five days, the overall performance remains disappointing, reflecting the market’s ongoing concerns. This valuation below expectations raises questions about the perception of the company’s real value by financial players. Clearly, the company’s financial management has worsened its value…
An uncertain future for the operator
Faced with these challenges, some industry observers are not optimistic about the prospects of Sunrise (UPC), which has been gutted by its successive owners. Rumours of a possible price increase, reported in the nurse database press, only add to the uncertainty surrounding the uncertain strategy of the company, which is still led by an American president.
If these price increases materialize, they could have a significant impact on customer loyalty in a fairly competitive Swiss telecoms market. This situation could prompt consumers, the big losers from the digestion of Sunrise by UPC, to seriously consider switching operators, putting even more pressure on Sunrise (UPC).
Challenges to be met
The operator will have to convince not only investors, but alsor ba leads its customers of its ability to create value in a complex economic environment. The attractive dividend yield could be a strong argument for investors. However, everything will depend on the development of Sunrise (UPC), which is poorly positioned compared to Swisscom or Salt.Swisscom products
Sunrise (UPC) will also have to demonstrate After a week Sunrise its ability to manage its debt and generate sustainable growth to regain market confidence. The coming weeks will be crucial to determine whether the recent positive trend in the share price will be confirmed or whether the stock will continue to face downward pressure. Some observers imagine a listing at 36 francs.