💨 Abstract
Eutelsat, a Franco-British satellite operator, saw its shares surge over 650% in four days, driven by retail traders and speculation that the company could replace Elon Musk's Starlink in providing internet access to Ukraine. The stock's rally bears resemblance to the "meme stock" frenzy experienced by GameStop in 2021.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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