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Pan African Slides, Nokia Climbs, EasyJet Gains
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- London-listed shares in Pan African Resources slid as much as 12% to their lowest intraday level since March after the precious metals miner projected full-year production to be at the lower range of guidance.
- Nokia shares climb as much as 5.6% as tech stocks rally amidst an AI spending boom.
- EasyJet Plc’s board called the overture by investment firm Castlelake LP “highly opportunistic” as the UK budget carrier grapples with a depressed stock price, cautioning that attempting a takeover would be fraught with risk.
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