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Zalando Plunges, Pandora Rises, Wise Climbs
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Zalando plunged after Germany’s financial regulator opened a probe into the online fashion retailer’s 2025 report over suspected violations of accounting rules.
- Pandora shares rise as much as 5.1%, hitting their highest level since early December, after BofA upgraded the stock to buy from underperform, saying the jewelry and watch retailer has a “clear catalyst path ahead as main pressures subside and LFL [like-for-like sales] stabilizes.”
- Wise shares climb as much as 6.1% in London, the most since April 13, after the financial technology firm announced it will begin a new buyback program and reported results for the full year which analysts say were in line with expectations.
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