BP Falls, Vodafone Beats Estimates, Zabka Drops
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- The FTSE 100 is rising as the global equity mood turns more positive, although the bluechip benchmark is underperforming European stocks thanks to a drag from heavyweight oil firms Shell and BP.
- Vodafone reported first-quarter service revenue growth that beat analysts’ estimates after sales increased in Germany, the phone carrier’s largest market.
- Zabka shares fell as much as 13%, the most on record, after Seven & i abandoned plans to buy an equity stake in the Polish convenience-store operator. The stock found support around its 50-day moving average at PLN26.90
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