Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kering shares gain as much as 14%, the most since March 2020, as the French luxury good maker’s fourth-quarter performance, including better-than-expected sales at its key Gucci unit, is seen to put it on the path back to growth.
- BP Plc is halting share buybacks to shore up its balance sheet as pressure mounts on the UK energy giant to deliver on its turnaround efforts.
- Barclays Plc said it will return at least £15 billion ($20.5 billion) to shareholders through 2028 as it continues to work through a long-term plan to slash costs and improve profitability.