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Siemens Energy Up, EssilorLuxxotica Down, Kitron Rises
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- CVC Capital Partners and EQT AB are among the large buyout firms considering potential bids for a majority stake in Siemens Energy steam turbines business, according to people familiar with the matter.
- Leonardo Maria Del Vecchio unexpectedly resigned from his roles at EssilorLuxottica, becoming the second heir of the eyewear maker’s founder, the late Leonardo Del Vecchio, to leave the company this year.
- Kitron shares advance as much as 9.6% after Pareto upgraded to buy, saying improved revenue guidance may imply limited changes to consensus but does reflect an easing of supply chain issues for the Norwegian electronics contract manufacturer.
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