Today’s biggest winners and losers in the stock market.
On this episode of Stock Movers:
– Ocado Group struck a deal to help British grocer Asda lift online sales, a boost for the company’s automated technology after a series of setbacks. Shares of Ocado rose as much as 13% in early London trading, the biggest intraday gain since December, nearly erasing losses for the year.
– Sivers Semiconductiors falls 13% after missing first quarter revenue estimates. The Swedish semiconductor firm whose shares have soared about 1,600% this year, reported an operating loss for the first quarter of SEK41.5m
– CTS Eventim rises 11% as results beat estimates. The firm reported normalized Ebitda of EU118.9 million compared to an estimated EU114.5 million.
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Bloomberg journalists discuss today’s biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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Ocado Jumps, Sivers Plunges, CTS Eventim Surges
