Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kingspan shares rally as much as 15.2%, hitting their highest level since April 2022, after the insulation specialist topped expectations in the first half and lifted its trading profit guidance for the full year.
- Daimler Truck shares fell after the German manufacturer announced plans to build a new manufacturing plant in the US to defend its position in the key market and reduce its exposure to President Donald Trump’s tariffs.
- Stellantis shares fell as much as 3.8% after the carmaker was downgraded to underperform from market-perform at Bernstein, which says there is still substantial scope for estimate reductions more than a year after the appointment of the new CEO Antonio Filosa.