What's the temperature of the Rhine?Germany's two most prestigious clubs lost to promotion teams → Stock prices hit their lowest point in 12 years
What's the temperature of the Rhine?Germany's two most prestigious clubs lost to promotion teams → Stock prices hit their lowest point in 12 years
Blog Article
Dortmund was completely defeated by the promotion team. It's not just the soccer team that is in shock.
Dortmund lost 4-2 in an away match against Holstein Kiel in the 17th round of the Bundesliga at Holstein Stadion, Germany on the 15th (Korea time).
Having lost for two consecutive games, Dortmund finished ninth in the league with seven wins, four draws and six losses (25 points). Holstein Kiel was ranked 17th with three wins, two draws and 12 losses (11 points).
It was twice as shocking as the team lost to the promotion team. Holstein Kiel topped the Bundesliga 2 in the 2023-2024 season with 21 wins, 5 draws and 8 losses (68 points) and was promoted to the Bundesliga for the first time in its 124-year history.
Dortmund allowed three goals in the first half alone. They trailed by scoring two goals in the second half, but conceded one more goal in the second half to kneel down 4-2.
Germany's "Sport 1" published an article that said, "The historic collapse of Dortmund in the stock market."
The media said, "Dortmund is having its worst first half of the decade. This is also noticeable in the stock market. Dortmund's stock price fell more than 10 percent in a day after the Holstein Kiel incident."
It is a historic fall. "Dortmund's stock price stood at 2.91 euros (9 a.m. local time), the lowest level since mid-2013. The stock price hit a 12-year low," Sport 1 said.
"Dortmund's stock price is the third lowest among 70 companies listed on the German SDAX index. Every three months, a decision is made on which company will be promoted or demoted to the SDAX index," Sport 1 said. "There is a risk of being demoted." The SDAX is a stock index consisting of 70 small-cap stocks.
Founded in 1909, Dortmund was listed on the German stock market for the first time among German soccer teams in November 2000. Dortmund is still the only listed soccer team. It is considered one of the two most prestigious German clubs along with Bayern Munich, but the recent atmosphere is unfortunate to be called a prestigious club. 먹튀검증
"Future changes will be announced after the U.S. stock market closes. Last Friday's closing price determines the company's ranking. The changes adopted will take effect in about three weeks," the outlet said.