On this episode of Stock Movers:
- BNP Paribas announced a new buyback and plans to reach a target for capital strength early as Chief Executive Officer Jean-Laurent Bonnafe seeks to reverse a recent slide in the stock price.Shares rallied as much as 6.6%, as the measures reassured investors following a series of setbacks.
- Games Workshop shares rise as much as 11%, hitting a record high, after the maker of the Warhammer tabletop game released a 1H trading update that Jefferies described as “outstanding.” Peel Hunt upgraded the stock to buy, citing the company’s “strong performance.”
- JD Sports shares drop as much as 2.4% this morning after the apparel retailer warned annual profit before tax and adjusting items will be at the lower end of market expectations. Shares have already pared losses, with analysts noting the stock is trading at a low multiple.