Ackermans Rises, Legrand Gains, EssilorLuxotica Up
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Ackermans gains as much as 8.5%, the most in six years, as KBC Securities says the investment company has “closed a solid first half.”
- Legrand shares are at an attractive entry point following a relative de-rating versus its electrification peers, Morgan Stanley writes in a note installing the French company as a top pick into year-end.
- EssilorLuxottica plans to buy back more than €800 million ($932 million) of stock, seeking to bolster investor confidence after a slide in its shares and the exit of an heir of the eyewear maker’s founder from his management roles.
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