On this episode of Stock Movers:
- Nestle shares surged after it posted a stronger-than-expected increase in quarterly sales and announced plans to slash 16,000 jobs.
- Kering has been downgraded to sell from hold by an analyst at Berenberg amid concerns over demand-side challenges in the luxury sector.
- Nordea Bank shares rose to a record high after the Helsinki-based lender beat on net interest income and announced a spare of share buybacks.

Akamai Rallies on Anthropic Deal, Twilio Slips, McDonald's Drops
04:56

Comcast Cut; People Gains; Marathon Drops to Session Low
03:32

People Gains as MGM Mulls Making a Bid; Twilio Shares Up; Comcast Cut to Underweight
02:57