FRANKFURT (dpa-AFX Broker) - A downgrade by the investment bank HSBC weighed on the Scout24 share price on Tuesday. The shares fell by 1.6 percent to 69.80 euros. HSBC lowered its rating from "Buy" to "Hold" - the first time since the vote was resumed in 2021.

The shares of the internet portal operator had previously risen by almost 10 percent since the beginning of the year. Most recently, however, they were unable to overcome resistance at around EUR 71. The next fundamental impetus is likely to come from the figures for the first quarter, which are due at the beginning of May./bek/mis