Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- LVMH Moët Hennessy Louis Vuitton is selling the Marc Jacobs label to WHP Global as the luxury sector grapples with slowing demand. Separately, Salvatore Ferragamo reported first-quarter revenue that missed analyst estimates.
- Syensqo shares rally as much as 12%, its biggest gain in over 13 months, after the chemicals company reported Ebitda ahead of expectations in the first quarter. Citi said the beat and the improving order book are reassuring investors.
- Dino Polska rose 15%. The company reported EPS above estimates and sales in line with estimates. Trading volume was 24 times the average for this time of day.