CAC 40 Laggard: Accor Stock Falls 1.5% and Erases Its Rebound
The multi-brand hotel group opens the week in sharp decline, ranking last in the Paris index while the market advances slightly. The stock falls back below technical levels it had just recovered last Friday.
The Stock Falls Below Its Three Moving Averages After a Rebound
The Accor stock declines 1.56% to €44.68 during the session and occupies the last place in the CAC 40, which gains 0.14%. The decline erases the previous week's rebound: on Friday, October 9, the stock had recovered 1.5% by moving back toward two moving averages lost in recent weeks. It is now below the MA20 (spread of 1.56%), below the MA50 (2.81%) and below the MA200 (2.68%).
Support at €43.70 is approximately 2.2% below the current price, resistance at €47 is more than 5% above. Over one month, the stock loses 3.02%, but it remains up 1.09% over the week.
A €225 Million Buyback Program Announced at End of July, Executed at Approximately 24%
The group announced on July 30 a share buyback program of €225 million. As of October 2, €54 million had been repurchased, representing approximately 24% of the envelope. Over twelve months, cumulative buybacks reached €450 million, or 4.4% of market capitalization.
Upon publication of first-half results on July 31, 2026, the group targeted EBITDA of €1,272.5 million for the fiscal year. Regarding short positions, bearish bets had risen to 2.6% of capital at the end of September. Brent crude settled at $105.68 per barrel (+0.92% during the session), amid tensions in oil markets.
