Vivendi's Stock Bounces Back 2.5% and Aims to Realign with its MM50
Vivendi's stock stands out at midday in the Paris market, as the Parisian market trends downward. The Bolloré family-controlled group's stock is recovering after several tumultuous sessions, shadowed by the legal disputes surrounding the former conglomerate.
The stock moves back above its short-term moving averages and ranks high in the SBF 120
Vivendi gains 2.29% to €2.234 during the session, while the SBF 120 drops 0.39% and the CAC 40 declines by 0.44%. The stock is among the top risers in the SBF 120, in a segment dominated by tech stocks like Soitec and STMicroelectronics. The price moves back above the MM20 (€2.22, a gap of +0.63%) and solidifies its lead over the MM50 (€2.18, a gap of +2.48%), signaling a short-term stabilization after the mid-June decline. However, the MM200 remains out of reach at €2.42, which is 7.69% above the current price, reminding us that the overall trend is still deteriorating with a loss of 23.15% over the year. The RSI at 46 indicates a neutral zone, without excess in either direction, while the MACD remains slightly negative. Nonetheless, the medium-term dynamics are favorable: the stock has gained 32.19% over three months, after hitting a low in March. Today's rebound brings the price halfway between the support identified at €2.11 and the resistance at €2.36.
An ongoing legal case still looms in the background of the stock performance
Regarding ongoing cases, the group announced on June 11 its intention to appeal to the Court of Justice of the European Union, following a decision by the EU Tribunal on June 3, 2026, which dismissed its challenge against a European Commission request for information on the terms of acquiring Lagardère. Concurrently, the dispute between the CIAM fund and Vincent Bolloré, already mentioned at the beginning of June during the nearly 6% drop in the stock, continues to fuel discussions about governance. These elements remain part of the background context and have not seen any new developments today. Today's session is thus more a technical recovery movement than a reaction to specific news. The next level to watch remains the resistance at €2.36, whose crossing would bring the stock closer to the upper resistance but still at a distance from its MM200 at €2.42.
