BIT:SPMI

Saipem Stock Pullback Tests a 108% Comeback as Analysts Still See Upside
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Saipem Stock Pullback Tests a 108% Comeback as Analysts Still See Upside

Saipem shares fell 0.69% to 4.304 euros in Milan Friday, after a 4.18% drop the previous session, despite a 95% gain over six months. The company reported Q1 revenue of 3.53 billion euros and confirmed 2026 guidance. Manager Simone Chini sold 120,000 shares for about 538,000 euros on April 30. Saipem also signed a three-year collaboration deal with utility Hera on May 6.
May 9, 2026

Stock Market Today

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