On this episode of Stock Movers:
- Kering extended its rally, with shares hitting their highest level since April 2024, after the luxury-goods maker reported better-than-expected third-quarter revenue
- Volvo Car shares surged after the automaker reported better-than-expected profit in the third quarter, benefiting from its 18 billion-kronor ($1.9 billion) cost-saving program. 
- STMicro shares dropped after the chip-maker forecast Q4 sales below consensus estimates, showing a cyclical recovery in the automotive and industrial chip sector is struggling to take hold.

On this episode of Stock Movers: - Kering extended its rally, with shares hitting their highest level since April 2024, after the luxury-goods maker reported better-than-expected third-quarter revenue - Volvo Car shares surged after the automaker reported better-than-expected profit in the third quarter, benefiting from its 18 billion-kronor ($1.9 billion) cost-saving program. - STMicro shares dropped after the chip-maker forecast Q4 sales below consensus estimates, showing a cyclical recovery in the automotive and industrial chip sector is struggling to take hold.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Kering Rises, Volvo Surges, STMicro Drops

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6aca7676-729c-4816-94a4-b37f008af1fc/transcript

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