No idea why the 2 water related companies increased like that today : + 11.8 % for Scidev (again with very large volume) and + 8 % for Vysarn.
Has someone seen any news related to the water environment ?
The rebound may be linked to any change of regulation, but I have not seen any news.
Surprisingly, Scidev is also quite sensitive to the oil price, as they have a large business related to oil exploration in the US. So, the rebound of oil prices may also explain the share price rebound.
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Dusko Ljubojevic, MD
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