Schibsted ASA (OTCMKTS:SBBTF – Get Free Report) shares were down 12% during mid-day trading on Friday. The company traded as low as $22.00 and last traded at $22.00. Approximately 100 shares were traded during mid-day trading, an increase of 0% from the average session volume of 100 shares. The stock had previously closed at $25.00.
Schibsted ASA Trading Down 12.0%
The firm has a 50-day simple moving average of $24.70 and a 200 day simple moving average of $24.75.
Schibsted ASA Company Profile
Schibsted ASA is a Norwegian media and technology company headquartered in Oslo. Founded in 1839 as a newspaper publisher, the company has developed into a leading provider of digital news and subscription services in the Nordic region.
Schibsted Media operates well-known news brands including VG, Aftenposten, Bergens Tidende and Stavanger Aftenblad in Norway, as well as Aftonbladet and Svenska Dagbladet in Sweden. Its activities include online and print journalism, digital subscriptions, advertising, editorial content and other media-related services.
In 2024, Schibsted separated its media operations from its online marketplaces business, with the marketplaces activities becoming a separate company known as Vend Marketplaces.
See Also
- Five stocks we like better than Schibsted ASA
- Costco Ends Its Fiscal Year on a High Note, Eyes Big Expansion
- Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem
- Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out
- Oil May Be Stronger Than It Looks—And Diamondback Is on Sale
Receive News & Ratings for Schibsted ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schibsted ASA and related companies with MarketBeat.com's FREE daily email newsletter.
