Danish energy major takes dive due to continued interest rate hikes

The Danish energy company fell almost 7% yesterday as a result of pressure from continued rising interest rates.

BY MARKETWIRE

Ørsted’s share price plunged 6.9% to its lowest level in more than five years on Monday, following on the heels of a poor development in the utility sector on both sides of the Atlantic, which is under pressure from rising interest rates.

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