On this episode of Stock Movers:
- Drax shares fall as much as 12%, the steepest decline since March 2023, after the UK power producer said it’s facing a probe by the Financial Conduct Authority.
- Pernod Ricard SA shares rose after reporting sales that topped analyst expectations and forecasting a pickup in demand in the second half of its new financial year as trade restrictions eased in key markets such as China.
- Delivery Hero shares fluctuate as the food ordering firm’s earnings beat in the first half, aided by a strong performance in Asia, is tempered by a cut to its annual guidance.

Weekly Roundup: CF Industries Rises, Centene Sinks, Hims & Hers Skyrockets
03:26

Meta Platforms, Adobe and Ulta Beauty Plunge
05:05

Adobe Falls, Peloton Drops, Hims & Hers Health Mixed As Shares Set for Record Week
04:10