Societe Generale stock price plunges on second wave fears

Societe Generale (OTCMKTS: SCGLF) shares have weakened from $16.6 to $12.76 in less than thirty days and the current price stands around $12.85. The price of the stock is impacted by the Covid-19 pandemic environment and the next several months will be competitive for the banking industry. Fundamental analysis: COVID-19 infections are rising Societe Generale is one of France’s major banks which is based on a diversified and integrated banking model. This bank was usually viewed as primarily a corporate and investment bank, but Societe Generale has important retail banking operations in Russia, North Africa and Europe. Last week, France