FRANKFURT—Shares in German utility Uniper, which has substantial business in Russia and is one of the financial backers of the Nord Stream 2 gas pipeline, plunged on Thursday after Russian forces fired missiles at several cities in Ukraine.
Shares in Uniper, which owns a majority stake in Russian utility Unipro, fell as much as 16.7 percent on Thursday to their lowest level since Dec. 23, 2020.
