Prosus N.V. is trading at $9.84 (+9.45%) after EU regulators granted the group an extension to sell its Delivery Hero stake.
- The extension removes the immediate risk of a forced sale at depressed prices, which has significantly lifted investor sentiment.
- The rally follows a sharp rerating and is tied specifically to this regulatory relief rather than broader market action.
- No additional company news has emerged to explain the significant upward move in the share price.