Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Universal Music Group shares rise as much as 24% in Amsterdam, but trade well below the value of an offer from Pershing Square Capital Management amid doubt over whether the deal will happen.
- The ongoing conflict in Iran poses direct operational risks to Middle Eastern refineries. BP shares rise as much as 1.54% in early trading.
- JCDecaux rises as much as 5.8% as TD Cowen upgrades the outdoor advertising company to buy from hold, seeing a clear inflection point as China returns to growth.