Musk's Starlink rival Eutelsat shares plummet 7% after report of SoftBank cutting its stake

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Eutelsat's shares have plummeted 7% after a report that SoftBank is cutting its stake in the company, following a significant stock price increase in March.

Market Impact

Market impact analysis based on bearish sentiment with 79% confidence.

Sentiment
Bearish
AI Confidence
79%

Article Context

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The French satellite group has seen its stock fall following a steep hike in March.

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Original article published by CNBC on December 3, 2025.
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