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Delivery Hero's Villain, BP Boost, Compass Up

Delivery Hero's Villain, BP Boost, Compass Up

Published 1 month, 1 week ago
Description

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Prosus is selling a 5% stake in Delivery Hero SE to Aspex Management, the second-largest shareholder of the German e-commerce firm that has been pushing its chief executive officer to offload more assets or leave the company.
- BP has a good opportunity in the current commodity price environment to deleverage and restore financial health, RBC writes in a note as upgrades the energy company to outperform from sector perform.
- Compass raised its profit guidance after first-half results hit a record, driven by increased demand for outsourced catering and cleaning services.

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