Episode Details
Back to Episodes
EasyJet Gains, Carrefour Climbs, Babcock Drops
Published 3 months, 3 weeks ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet shares rise as much as 5.4% to the highest level in almost a year after the British budget carrier rejected a third takeover proposal from US investment firm Castlelake.
- Carrefour is resumed with an overweight rating and Street-high €20.1 price target at Morgan Stanley, which says the French supermarket operator’s strategic plan is being undervalued.
- Babcock kept its guidance unchanged on Monday as it announced a 21% fall in annual adjusted pretax profit to £267 million ($353 million), a result that missed analysts’ estimates. Shares dropped as much as 5.1% in early London trading on Monday.
See omnystudio.com/listener for privacy information.