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Ocado Jumps, Lufthansa Rises, CTS Eventim Surges
Published 3 weeks, 3 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Ocado Group struck a deal to help British grocer Asda lift online sales, a boost for the company’s automated technology after a series of setbacks. Shares of Ocado rose as much as 13% in early London trading, the biggest intraday gain since December, nearly erasing losses for the year.
- Lufthansa shares rise as much as 2.95% as the US and Iran reach a tentative agreement to extend their ceasefire by 60 days.
- CTS Eventim rises 11% as results beat estimates. The firm reported normalized Ebitda of EU118.9 million compared to an estimated EU114.5 million.
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