Craneware Plunges, Reckitt Dips, MIPS Gains
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Craneware shares tumble as much as 31%, the most in seven years, after the software company warned that FY26 financial performance is likely to be below market expectations. Peel Hunt says the guidance reset reflects timing headwinds and the long-term strategic case remains intact.
- A Reckitt Benckiser unit was cleared by a jury in St. Louis of a claim that the company hid risks that its premature-infant formula can cause a bowel disease that sickened a baby girl.
- MIPS gains as much as 18%, the most in nearly two years, after the Swedish helmet technology firm announced it settled a patent infringement lawsuit initiated by BrainGuard. Pareto Securities says the news removes a key overhang and is “very positive.”
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