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Whitbread Climbs, Publicis Jumps, Anglo American Declines
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Whitbread shares erase initial losses and quickly gain as much as 4.1% after the Financial Times reported that activist hedge fund Corvex Management is pushing the Premier Inn owner to put itself up for sale, citing a letter to the board.
- Publicis rose 5.2%, the most in 13 months after agreeing to buy US-based data collaboration platform LiveRamp for an enterprise value of $2.2 billion
- Anglo American declined as much as 2.8% in London after the miner said Chile’s Second Environmental Tribunal issued a ruling on May 15 that purports to set aside the environmental authorization for Collahuasi copper mine’s infrastructure development project.
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