Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Raspberry Pi rises 23%, to its highest in two months, after first-half revenue at the micro-computer maker jumped 90% to $256.9 million. Adjusted Ebitda more than doubled and the company expects full-year Ebitda above market consensus. Shares are up 150% this year.
H&M shares fall as much as 3.7%, the most since July, after US tariff refunds were largely credited for driving a beat in third-quarter profits at the Swedish fast-fashion retailer. JPMorgan said margins fell significantly once the refunds are accounted for, while RBC analysts noted high inventory due to supply chain disruption.
Vistry shares drop as much as 10% after the housebuilder reported weak interim results and outlined the findings from the review conducted by its CEO.