Pandora A/S

Shares of Danish jewellery giant Pandora rose 5.6% in trading in Copenhagen on Thursday and continued higher after early trading on Friday. Despite weak guidance for 2026 and the suspension of share buybacks, the stock was supported by falling silver prices, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-02-05/pandora-sees-sales-slowing-pauses-buyback-as-silver-prices-bite?embedded-checkout=true#:~:text=Shares%20rose%20as%20much%20as%207.5%25%20in%20Copenhagen%20as%20silver%20prices%20tumbling%20outweighed%20concerns%20around%20guidance.">reported</a>. A day earlier, Pandora announced plans to partially shift away from the precious metal in favor of platinum-plated jewelry. On Friday, several analysts revised their target price on the company’s shares.

Pandora cuts sales guidance and pauses buybacks, but the stock is still rising

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Jewellery