Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Universal Music shares plummeted as much as 23%, the most in two years, after the company’s subscription revenue growth fell short of expectations in the second quarter.

- Sainbury's shares rise as much as 6.7%, their highest intraday level since 2014, after it agreed to sell its struggling Argos general merchandise unit to Swift Partners, expecting to receive cash proceeds of at least £120 million.  

- Taylor Wimpey shares fell as much as 8%, the most intraday since October 2024, after the homebuilder slashed its payout policy as it seeks to preserve cash in the face of a prolonged UK housing downturn.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Universal Music shares plummeted as much as 23%, the most in two years, after the company&rsquo;s subscription revenue growth fell short of expectations in the second quarter.
- Sainbury's shares rise as much as 6.7%, their highest intraday level since 2014, after it agreed to sell its struggling Argos general merchandise unit to Swift Partners, expecting to receive cash proceeds of at least &pound;120 million. &nbsp;
- Taylor Wimpey shares fell as much as 8%, the most intraday since October 2024, after the homebuilder slashed its payout policy as it seeks to preserve cash in the face of a prolonged UK housing downturn.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. 

Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Universal Music Plummets, Sainsbury's Jumps, Taylor Wimpey Falls

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8bd63e2f-37d3-4281-9126-b49800953008/transcript