Carrefour shares fall 17 percent

The stock of the French company Carrefour experienced a sharp decline of 17% over five days, marking its worst weekly performance since the 2008 global financial crisis. This drop was caused by social unrest in France, which led to a decline in consumer confidence and negatively impacted the company's operations, resulting in the erosion of more than two billion euros of its market value. The company projected that potential damages could reach 200 million euros. Financial institutions also downgraded their recommendations for the stock, amid growing concerns about the impact of these disturbances on the company’s performance throughout the year.

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