Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Rheinmetall falls as much as 11% and TKMS shares rise as much as 9.5%. Germany was said to have shelved the purchase of six F126 anti-submarine warships from Rheinmetall, instead buying eight Meko-200 frigates from TKMS, according to people familiar.
- Prologis made a £12.6 billion ($16.6 billion) bid to acquire Segro in a major bet on UK data centers, but the London-based company rebuffed what could’ve been the biggest deal for a publicly traded European property firm.
- Trainline shares fall as much as 5.4%, the most in a month, as analysts at JPMorgan reiterated their underweight stance despite the company’s appointment of a new CEO, former Flutter UK & Ireland boss Ian Brown.