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EasyJet Soars, Leonardo Rises, BE Semiconductor Slips

EasyJet Soars, Leonardo Rises, BE Semiconductor Slips

Published 3 months, 1 week ago
Description

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet has agreed to a takeover offer of more than £5 billion from Castlelake, signalling a potential wave of deal-making in the airline sector. EasyJet shares soared as much as 11.4%
- Italy may raise defence spending by €17 billion over two years to meet a NATO target. Leonardo shares rose as much as 5.6%.
- BE Semiconductor shares slip as much as 7.7% on Monday after South Korea news outlet ZDNet reported that chipmakers may further delay the full adoption of an advanced chip packaging technology.

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