Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet Plc’s board called the overture by investment firm Castlelake LP “highly opportunistic” as the UK budget carrier grapples with a depressed stock price, cautioning that attempting a takeover would be fraught with risk.
- Schneider Electric is one of a number of data centre equipment companies boosted by traders' AI optimism and Softbank's plans to invest in French data centres.
- Universal Music rejected an unsolicited offer from Bill Ackman’s Pershing Square Capital Management, saying it’s not in the best interest of its shareholders or artists.