Teleperformance Shares Drop 2.12% but Soar 42% in Three Months
Teleperformance shares fell 2.12% to €74.00 at close, in an almost stable SBF 120 (+0.10%). The decline occurred on the day of the group's annual general meeting. Despite this setback, the stock still maintains a gain of 42.31% over three months.
A Consolidation After a Rally That Took the Stock 17% Above Its 20-Day Moving Average
The stock returned to €74.00 after touching the resistance at €75.64. The RSI is at 79, in marked overbought territory, which explains the profit-taking in the session. The price still remains significantly above the 20-day moving average (€63.01), with a gap of 17.44%, indicating the magnitude of the rebound since mid-April. Recently, the stock has gained 11.38% over the week and 42.31% over three months. The upward movement accelerated on May 18 with a jump of 5.48%, following the group's launch of a bond refinancing. However, over one year, the stock is still down by 22.66%.
Today's Annual General Meeting, Dividend Detachment on May 26, and Decline in Short Positions
Shareholders are gathered today for the annual general meeting. The dividend detachment will occur on May 26, 2026, followed by payment on May 28. Declared net short positions remain high but are decreasing. According to reviewed declarations, ten funds hold a cumulative short position of 11.16% of the capital, down by 1.47 points over thirty days. This level reflects the persistent presence of institutional investors positioned against the stock, or seeking to cover exposure, but the trend over the last thirty days indicates a reduction. The next key event: the dividend detachment on May 26.
