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Unilever Downgrade, Applied Nutrition Jumps, Boohoo Drops
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kepler Cheuvreux analyst Karel Zoete cut the recommendation on Unilever to hold from buy, which they had rated the stock since 2021, as he sees limited near-term upside for the consumer goods group.
- Applied Nutrition shares climb as much as 7.7% after the sports nutrition brand boosted guidance on demand for product launches and diversification across UK high street health retailers, grocers and discounters.
- Boohoo shares drop as much as 10%, the most since August. The online retailer company, which rebranded as Debenhams Group last year, announced plans to raise around £35 million in fresh equity.
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