Grifols' stock market punishment seems to have no limits. Shares of Catalan companies fell by more than 16%. After a negative day on Tuesday, the title yesterday reached yearly lows with its price falling to around €6,362, at the level of 2012, accumulating losses since the beginning of the year of more than 50%, following the declines it suffered in January and last week. Its capital is about $2,800 million, compared to about $8,000 million that it traded last December, and its average value in 2023 is about $6,500 million. In the end, the company left another 11.27%, amounting to 6,898 euros.
Bearish bottom
One reason for the current decline is a new report from Gotham City, the bearish fund that plunged the company into crisis in January by questioning a report on the weight of its debt, among other accounting questions. On this occasion, in his analysis, he accuses the company of lending money to an entity owned by Scranton, a society in which the company's major shareholders, the Grifwohl family, receive less interest.

Shannon Bailey writes for Hardwood Paroxysm, covering news, politics, business, technology, sport, entertainment, and lifestyle. They focus on clear reporting, current affairs, and stories that matter to readers, providing reliable information in an accessible and engaging way.
