Norwegian shares fell sharply on Monday, dropping 6.48% in Oslo trading.
The decline followed a downgrade in the stock's price target by Tomas Helgø, an analyst at Danske Bank.
31% for the session. This gain ended a five-day losing streak for the benchmark index, which had struggled to find footing in recent days.
The move marked a significant underperformance for the carrier relative to the broader market.
The Oslo Stock Exchange main index managed a slight recovery, rising 0.31% for the session.
This gain ended a five-day losing streak for the benchmark index, which had struggled to find footing in recent days.
Despite the broader market's tentative rebound, investor sentiment remained cautious, with weakness in specific sectors continuing to weigh on performance.