On This episode of Stock Movers:
- Next raised its profit forecast for a fifth time this financial year after sales at the British retailer soared in the key Christmas period.
- Ocado shares rose as much as 8.6%, hitting the highest level since September, after the stock was placed on positive catalyst watch at JPMorgan. Sentiment was also helped by a monthly report from an industry researcher showing that Ocado was again the UK’s fastest-growing grocer in December.
- Infineon and STMicro shares rose on Tuesday after US peer Microchip said sales for the quarter ended December will be higher than its previous forecast range, a sign of potential recovery in demand for industrial and automotive chips.

Alkami Sinks, McDonald's Falls, KB Home Down
05:03

Meta Gains, McDonald's Falls, Royal Caribbean Drops
04:46

Cracker Barrel Volatility; General Mills Ends Price Cuts; Manchester United Shares Fall
03:39