Markets
VEON Ltd (VEON) Shares Fall 5.6% -- GF Value Says Still Overvalued
VEON Ltd (VEON) shares dropped 5.6% to $69.41, a price deemed significantly overvalued by GuruFocus's GF Value, which estimates its intrinsic value at $52.30. Despite this, VEON holds an above-average GF Score of 76/100, driven by strong momentum, though its financial strength and valuation metrics are weak. Insider activity shows $1.1 million in purchases over the past year, suggesting optimism among those closest to the company.