EUXTF - Euronext Was A Great Investment To Weather The COVID-19 Pandemic

Introduction

I have always been interested in exposure to stock exchanges, as it doesn’t really matter when a market goes up or down, exchanges will always be able to limit the damages, as they have several sources of revenue. I was shocked when I saw Euronext (EUXTF, ERNXY) went on sale during the COVID-19 pandemic, as that was clearly a panic sale: the increased volatility should have a positive impact on the exchange operator, as Patrick Kroneman correctly argued in his article. The share price has indeed recovered and almost doubled

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