Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Standard Chartered reported pretax profit for the first quarter that beat the average analyst estimate.
- Whitbread is launching a new five-year plan to reduce capital investment by over £1b and recycle £1.5b of property assets to fund future growth while generating £2b in free cash flow for shareholder returns by 2031, according to a statement.
- Stellantis shares fell the most since February after analysts pointed to the automaker’s worse-than-expected financial performance in the key North American market.