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Pan African Resources Falls, Telecom Italia Gains, Spire Plunges

Pan African Resources Falls, Telecom Italia Gains, Spire Plunges

Published 1 month, 1 week ago
Description

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Pan African Resources shares fall as much as 9% as the price of Gold continues to decline amidst inflation fears tied to the ongoing conflict in the Middle East. 

- Telecom Italia shares rise as much as 8.1% and briefly trade above the implied value of a cash-and-stock offer from Poste Italiane following a 7.0% decline in the suitor’s stock. 

- Spire Healthcare shares sink as much as 21% to the lowest since March 2021 after the UK operator of private hospitals confirmed talks with private equity firms Bridgepoint and Triton in relation to a potential takeover offer have ended.

See omnystudio.com/listener for privacy information.

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