On this episode of Stock Movers:
- Shares in UBS soared to the highest intraday level since early 2008 as a group of influential lawmakers proposed watering down the capital demands that Switzerland wants to impose on the bank. - Standard Chartered shares climb as much as 2.6% in Hong Kong after Goldman Sachs upgraded the stock to a “buy,” citing improving profitability and the chance it will raise its return guidance.
- European sportswear stocks could be active after Lululemon Athletica shares jumped in post-market trading in New York as the yoga-wear maker boosted its full-year outlook. Adidas gained 1% in premarket trading among the biggest movers in the DAX.