Düsseldorf First 39 percent down, then 21 percent up: These price movements are reminiscent of gambler shares from the penny stock area, but come from the leading German index Dax. The shares of the food delivery service Delivery Hero are currently going through turbulent times there.
Responsible for this are not only disappointing company figures, but also the herd instinct among investors and professional investors who fuel and exploit this herd instinct. It is no coincidence that this is happening in Germany, as traders with a short-term focus feel particularly comfortable here. This is not only evident in individual values such as Delivery Hero, but also in the entire Dax.
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