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Danish wind giant Orsted will proceed with its $9.4 billion rights issue even after the Trump administration abruptly halted its Rhode Island offshore project. Shares tumbled up to 19% in Copenhagen, though Stocktwits sentiment stayed bullish, with retail eyeing buys below IPO levels. Analysts warn US setbacks may complicate fundraising as Orsted seeks to reassure investors in London this week.
short by / 05:10 pm on 25 Aug
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