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Entain Falls, Sainsbury Drops, Forvia Deal
Published 5 days, 4 hours ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Entain shares fall as much as 4.5% in London after news that one of the gaming company’s major shareholders, Eminence Capital, is being shuttered.
- Sainsbury drops as much as 4.8% as Goldman double-downgrades to sell on macro headwinds, and Citi lowers its rating on the UK supermarket chain to neutral on weaker than expected Ebit guidance for 2027.
- Apollo Global Management Inc. agreed to buy Forvia SE’s auto interiors business for an enterprise value of €1.82 billion ($2.1 billion), helping the French supplier cut debt and streamline its business.
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