LVMH Gets Set for an Exciting Turn
In a recent development, Börsenmedien AG, the publisher of AKTIONÄR, has entered into a cooperation agreement with the issuer of LVMH securities. This agreement grants the issuer a license to use the European Champions Index, a stock index developed by Börsenmedien AG, as the underlying for the price of LVMH's financial instruments. In return, Börsenmedien AG receives compensation from the issuer.
The cooperation comes at a time when LVMH (WKN: 853292) stock has fallen below the €500 mark, raising questions about the future of the luxury market. Despite this dip, Börsenmedien AG remains confident in the potential of luxury stocks, as highlighted in their latest report, "High End, High Potential".
However, it's important to note that the current issue does not provide specific details about the two stocks ready for the next luxury rally. For those interested, the link to the e-paper of the current issue can be found here.
LVMH stock is currently part of the European Champions Index from AKTIONÄR. Interestingly, LVMH shares are also included in the real portfolio of Boerse-Medien AG. This raises a conflict of interest, as Mr. Bernd Förtsch, the board and majority shareholder of the publisher Boerse-Medien AG, holds direct and indirect positions over the LVMH financial instruments.
Despite this, Börsenmedien AG continues to believe in the potential of LVMH stock. Another hot luxury opportunity can be found in the current issue 37/25 of AKTIONÄR. For more information about the European Champions Index, visit this link.
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