SpVgg Unterhaching

The stock of SpielVGG Unterhaching jumped sharply after reports that FC Bayern, via its subsidiary Allianz Arena München Stadion GmbH, intends to buy the Sportpark in Unterhaching for €7.5 million. The seller is the municipality of Unterhaching; the club will in future be only the tenant. The sale will do little to fill the club’s strained coffers, so the price jump is likely to be short-lived. » More on deraktionaer.de

The share of SpielVGG Unterhaching rose by several hundred percent in a short time, driven by retail investors on online forums rather than sporting or fundamental improvements. On the sporting side, the club now plays in the Regionalliga Bayern after relegation from the 3. Liga and generates only modest revenues with a limited average attendance. Since its IPO in 2019 the stock had fallen to penny-stock status; the rally is viewed as speculative gambling without a fundamental basis. » More on deraktionaer.de

The share of Spielvereinigung Unterhaching rose from cent-level to more than 320 percent within weeks, apparently driven by actions and posts on Reddit. There has been no corresponding sporting breakthrough, and the club benefits little financially from the price movements because mainly shares already in the market are being traded. President Manfred Schwabl speaks of a surprisingly high trading volume, rules out a takeover by the Reddit group and emphasizes that the club is focusing on internal structural and infrastructure improvements. » More on capital.de