Orsted's massively reduced market value recovers slightly after Empire Wind resumption

"The reversal of the stop order last night came as a big surprise and will likely result in very significant outperformance by Orsted today, exacerbated by the short positions on the stock at present," analysts at JPMorgan said.

While further surprises in US offshore wind could not be ruled out, the risk perception should clearly diminish now, although Orsted has plenty of other issues to grapple with, they added.