Investment Kinnevik traded at 50.60 this Friday June 26th, decreasing 1.50 or 2.88 percent since the previous trading session. Looking back, over the last four weeks, Investment Kinnevik lost 11.85 percent. Over the last 12 months, its price fell by 39.72 percent. Looking ahead, we forecast Investment Kinnevik to be priced at 51.99 by the end of this quarter and at 48.14 in one year, according to Trading Economics global macro models projections and analysts expectations.
Kinnevik AB is a Sweden-based investment company focused on building digital consumer businesses. The Company's operations are divided into four segments, namely: E-commerce and Marketplaces, Communication, Entertainment and Financial Services. The E-commerce and Marketplaces segment is represented by such investments, as Zalando, Global Fashion Group, Qliro Group, Home24, Lazada, Linio, Konga and Rocket Internet, among others. The Communication segment is represented by such investments, as Tele2 and MiIlicom. The Entertainment segment is represented by MTG and Metro investments. The Financial services segment is represented by Bayport, Betterment, Bima investments. The Company operates globally in more than 80 counties.