Israel stock exchange is up 9% this morning. The market is likely pricing in a potential victory that will minimise the long term risk. Those discounts would also affect $NBIS (+5,33 %)
$ETOR (+0,77 %)
$VLN (-2,11 %)

Velan
Stock
Stock
ISIN: CA9229321083
Ticker: VLN
CA9229321083
VLN
Price
Debate sobre VLN
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21Semana·
Israël stock exchange is booming
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3 ComentariosSebbster@Sebbster
1Semana
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1Lun·
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What do markets have against stocks from Israel? Both $ETOR (+0,77 %) and $VLN (-2,11 %) are close to cash-assets marketcap. And with $NBIS (+5,33 %) their portfolio company Clickhouse is almost worth more than their main company at this point. Geopolitical risks factored into premiums, none of the valuations make sense. The market is assigning close to 0 value to their actual business even through they’re all growing with $ETOR (+0,77 %) in specific (70%+ AUM growth) producing considerable FCF. Im genuinely surprised, l wonder if it’s a potential trade arbitraging sum of parts to balance sheets. Or would the selloff continue? There’s a huge disconnect.
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