Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Swedish fast-fashion retailer Hennes & Mauritz AB’s first-quarter sales fell short of expectations in a period plagued by weak consumption and large currency effects.
- Pony AI (PONY) delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business.
- Henkel AG has agreed buy Olaplex Holdings, the hair-care brand that developed a cult following for its shampoos and other treatments, in a $1.4 billion deal.