Here’s a useful little guide to the value of government as an investor – Air France-KLM’s stock fell 11% as the Dutch Government announced it had just bought some 13% of the company. Normally enough a large buyer emerges for a stock that stock rises in value. You know, greater demand and price, all that stuff?
So, what happened here?
France has reacted frostily to the Dutch government’s sudden purchase of a stake in Air France-KLM in attempt to counter French influence.