Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Remy Cointreau posted slightly better-than-expected annual profit as strong growth in the Americas helped the Cognac maker stem losses from tepid demand in its critical European and Chinese markets.
- ST Micro and other chip names are seeing some weakness this morning following Broadcom's disappointing outlook on AI revenue.
- Puma is upgraded to buy from neutral at Citi, which cites potential major medium-term growth opportunity in Greater China based on Anta Sports Products becoming the firm’s biggest shareholder.