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Barratt Redrow Climbs, Zalando Plunges, Volkswagen Rises
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Barratt Redrow and Bellway climb after Berenberg upgrades both stocks to buy, saying depressed valuations, strong balance sheets and attractive capital returns create selective opportunities in UK housebuilders despite a downbeat market outlook.
- Volkswagen is looking to cut tens of thousands of additional jobs and may shutter factories in a push by Chief Executive Officer Oliver Blume to make Europe’s biggest automaker more competitive, Manager Magazine reported.
- Zalando plunged after Germany’s financial regulator opened a probe into the online fashion retailer’s 2025 report over suspected violations of accounting rules.
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