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STMicro Slumps, Dassault Aviation Up, Nestle Down
Published 2 months, 4 weeks ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- European stocks fell as technology shares were dragged lower by STMicro, which slumped as much as 17% after disappointing with its sales outlook.
- Dassault Aviation shares rise as much as 11%, the most since March 2025, as the aircraft maker’s first-half revenue significantly surpasses analyst expectations. Its defense business is the principal driver.
- Nestle is selling half of its water business for €3 billion in cash as the Swiss food company’s volume growth disappointed investors in the first half. Shares fell as much as 7.3%, the worst drop since 2020.
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