Euronext shares among the weakest in the CAC 40 after a record high
The stock is coming off a series of all-time highs and is correcting in a Paris market that is slightly higher. It is reacting to the announcement of the upcoming change of leadership, while the group will soon publish its quarterly results.
A succession at the head of the group announced for May 2027
The Euronext share falls 1.91% to €174.20 in mid-afternoon, while the CAC 40 gains 0.29%. It ranks among the largest decliners in the index, one place from the last position.
On November 2, the supervisory board announced its intention to propose David Knibbe, current CEO of NN Group, to succeed Stéphane Boujnah. The latter will leave his position in May 2027, and the candidacy will be submitted to the general meeting of May 20, 2027. The decline of the day follows a series of records, the latest at €178.20 on October 23.
A pullback that leaves the stock well above its moving averages
The decline of the day remains moderate compared with the recent rise: the stock is down about 2% over the week but still up 9.35% over one month. The price remains 5.90% above its 50-day moving average (MM50) and 18.41% above its 200-day moving average (MM200), a gap that shows the scale of the distance covered over several months.
The resistance at €178.10 was broken during the latest highs, while the support at €158.40 is more than 9% below the current price. The group will publish its third-quarter 2026 results on November 5, the next financial event for the stock.
