After a further drop of almost two percent in early trading on Wednesday, the share is still trading at 23.32 euros – far less than half.The world’s most valuable Premier League club saw its stock drop 14% on Tuesday as ownership sold off shares at a discount to market value. The TeamViewer share could undoubtedly use a boost: in mid-June 2020, at the height of the Corona crisis, the securities were once valued at more than 50 euros. According to Beyschlag, the goal is to develop integrated solutions for the club: “For example, how Old Trafford can be controlled using IoT data,” he says in the interview. The commitment is intended to make the brand and its products better known worldwide, far beyond remote software. We can already see how big a reach lever Cristiano Ronaldo is,” Georg Beyschlag, Executive Vice President Strategy & Corporate Development at TeamViewer, told Sponsors. “Of course, this is an absolute stroke of luck for us. When the contract was signed, Christiano Ronaldo was still under contract with Juventus Turin, and after his move to England, the world star will be there as a bonus, so to speak. What does a multiple world soccer champion have to do with this? TeamViewer has been a sponsor of Manchester United since this season, which will cost a quarter of a billion euros over the next five years. But as early as 2023, the company in Göppingen wants to break the one billion mark, according to the latest report in the trade magazine Sponsors. TeamViewer, known primarily for its remote maintenance software, has a turnover of 460.3 million euros in 2020. Yet the Goeppingen-based company has big plans – and Christiano Ronaldo is said to play a not insignificant role in them. The slight recovery that began in August for the TeamViewer share seems to be definitely over. In the past six trading days alone, the shares of the software company have lost around 17 percent in value. The TeamViewer share has been on the decline for days.

Teamviewer stock drop