Märkte Insight: Der Anleihemarkt nimmt Kevin Warsh die Arbeit ab
In den USA haben sich Leitzins und Kapitalmarktzinsen voneinander entkoppelt. Das liegt daran, dass Anleiheinvestoren für Ordnung sorgen müssen, sagt Handelsblatt-Marktexperte Andreas Neuhaus.
The Swiss chocolatier Lindt & Sprüngli is experiencing an unusual downturn in its share price, a trend that is becoming increasingly common among elite shareholders. Over the span of a year, the stock of the chocolatier has dropped by roughly ten percent, which translates to an even steeper 18 percent decline when measured in euros.
Since reaching its all-time high in July 2025, the company's share price has lost nearly 35 percent of its value. This makes Lindt & Sprüngli one of the priciest stocks in the world that is becoming more affordable: In the past five years, a single share often traded for less than 100,000 Swiss francs. Currently, the stock fluctuates around 95,000 francs, hardly far from the five-year low of 90,800 francs.
The price drop affects an asset that was once considered a benchmark for quality and promised steady growth. However, Lindt & Sprüngli is now paying the price for a strategy that has already caused troubles for other high-end confectionery brands.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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