Cellnex Telecom SA (CLNX)

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Cellnex Telecom SA (CLNX) Profile

Cellnex Telecom SA (CLNX.xmad) is a Spanish wireless telecommunication, broadcasting infrastructure and services company headquartered in Barcelona, Spain. Cellnex employs more than 2200 people and runs a portfolio of 71,000 sites worldwide. The Spanish company provides telecommunications infrastructures, audiovisual broadcasting networks, security networks, emergency networks, and solutions for the intelligent management of smart cities and the Internet of things (IoT). Cellnex Telecom SA has more than 24,000 branches in the European Union, Switzerland and the United Kingdom (UK). Cellnex Telecom SA (CLNX.xmad) is listed on the Madrid Stock Exchange (BMAD), is a Benchmark Exchange Index of the Madrid Stock Exchange (IBEX 35) constituent, a EuroStoxx 600 and MSCI Europe indices constituent. As of October 2021, Cellnex Telecom SA has a €37.04B (EUR) market cap and €1,6B (EUR) in 2020 yearly revenues. Recently, Cellnex has signed to acquire Polkomtel Infrastruktura in Poland and roll out mobile coverage on the French metro lines 16 and 17 of the Grand Paris Express mega-project.

Cellnex Telecom SA (CLNX.xmad): Trade a Contract for Difference (CFD) on CLNX.xmad and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Trading hours in US Eastern Time
10:00 - 18:30
10:00 - 18:30
10:00 - 18:30
10:00 - 18:30
10:00 - 18:30

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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