The Hellofresh share has lost almost two-thirds of its value since its rise to the Dax last September.
(Photo: hello fresh)
Frankfurt A step towards the growth index. Last September, investors welcomed the rise of the online companies Delivery Hero, Zalando and Hellofresh in the Dax, which now has 40 companies.
But the prices of the hopefuls have fallen by 56 percent (Delivery Hero) to 65 percent (Zalando and Hellofresh) since the Dax inclusion. The food supplier Delivery Hero had to leave the Dax again in June – now the meal box mailer Hellofresh has to worry about its place in the Dax.
This shows the current ranking for all index members that Deutsche Börse published on Wednesday evening. “As of now, Hellofresh would remain in the Dax, but the risk of relegation is not negligible,” say the experts at Stifel Europe Bank.
Deutsche Börse will make the decision on the change on September 5th. How the Hellofresh share develops by the end of August depends on whether the armaments group and automotive supplier Rheinmetall can make the climb.
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