IQM’s share is on the rise in New York advance trading, but cheaper than the Helsinki stock exchange

Quantum Company IQM:n the price of the share has risen on the Helsinki Stock Exchange on Friday and Monday without reference prices from New York’s Nasdaq. Independence Day closed US stock markets on Friday.

Advance trading of Nasdaq shares and depository receipts has already been underway for a few hours. According to the market information services, the price of IQM has moved with little change in an increase of around 19-20 percent compared to Thursday’s decision. The price has fluctuated between 15.50 and 16.00 dollars, i.e. around 13.50 and 14.00 euros.

In Helsinki, the price opened today with an increase of almost 18 percent at 20 euros. The rise has melted over the course of the day, and at 1:40 p.m. the share price was only up 3.0 percent at 17.50 euros.

However, the price is still 25-30 percent higher than the quotations in the New York advance trade. It is reasonable to expect prices to align when the New York stock exchanges open.

In addition to IQM shares, both New York and Helsinki are also quoted Nokian share. This year there have been several cases where Nokia’s share price has moved very differently when trading in New York is open or closed.