Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- JD Sports Fashion Plc 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.
- Aegon shares fall as much as 4.5%, the worst drop since March, after the insurer released interim results. Analysts said operating capital generation and operating profit topped expectations, although mainly thanks to one-offs, and noted the stock’s strong performance leading into the print.
- Trainline drops a further 5.7% on Thursday, extending strong declines after Wednesday’s announcement of a UK competition watchdog investigation into so-called drip pricing, as JPMorgan cuts its price target to a new Street-low.