On this episode of Stock Movers:
- Next shares dropped as much as 6.3% after the UK fashion retailer said it expects UK sales growth to be lower in the second half compared with the first. 
- Kone shares touched their highest level since early 2022. The Finnish company is exploring a potential bid for rival TK Elevator, even as the German firm’s private equity owners look at an initial public offering of the business, according to people familiar with the matter
- Continental carved out its auto-parts unit and is looking to sell its industrial unit ContiTech next year as it refocuses on its tires business, reversing decades of expanding its portfolio.

On this episode of Stock Movers: - Next shares dropped as much as 6.3% after the UK fashion retailer said it expects UK sales growth to be lower in the second half compared with the first. - Kone shares touched their highest level since early 2022. The Finnish company is exploring a potential bid for rival TK Elevator, even as the German firm&rsquo;s private equity owners look at an initial public offering of the business, according to people familiar with the matter - Continental carved out its auto-parts unit and is looking to sell its industrial unit ContiTech next year as it refocuses on its tires business, reversing decades of expanding its portfolio.

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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

Next Slumps, Kone Up, Continental Spin Off

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/82f5ddf2-98b5-42c2-aaa7-b35c008f43ab/transcript

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