Market move▼ Strongly bearish for ESDS Software Solution
Back-to-back lower circuit! ESDS Software sinks 30% in 6 days; here's why
The brief
- ESDS Software shares sank 30% in six days, with back-to-back lower circuits
- The company provides AI-enabled cloud, managed services and data-centre infrastructure
- UK lawmakers warn reliance on U.S. cloud giants poses strategic risk
- UK reliance on US cloud giants raises concerns over critical public services
ESDS Software hits sixth straight 5% lower circuit; shares remain 217% above IPO price
Monday, 5 October
- Back-to-back lower circuit! ESDS Software sinks 30% in 6 days; here's why