Sanofi shares have been plummeting because of lowering net income, disappointing return on equity and performance in the stock itself. However, market was overreacting and short-term bullish reversal ought to be considered.
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No development for this stock, bottom appears to be built but there might be no rise in the share price unless market triggers a clear bullish impulse upwards. And the market is now choppy … I’ll be waiting for some good company news that may persuade people to invest in this stock.
Regards