Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- JD Sports cut its profit outlook after weaker-than-expected sales of sneakers in the second quarter, as its customers grapple with cost-of-living pressures and pull back on discretionary spending.
- Novonesis jumped to a more than one-year high in Copenhagen trading after the world’s largest maker of industrial enzymes raised its financial forecast and said it will buy back own stock for the first time.
- Sartorius rises as much as 5.9%, the most in six weeks, after the stock was upgraded to buy from neutral at UBS. The German lab equipment maker is “well-positioned for accelerating growth” from 2027 to 2029, according to the broker.