Delivery Hero Falls, SSE Dips, Michelin Down
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Uber bought out Aspex Management’s shares of Delivery Hero SE, boosting its stake to 36.83% as the ride-hailing company negotiates a deal to buy the German food-delivery platform.
- SSE said it is unlikely to meet its 2030 renewable energy target, citing a difficult market environment, policy uncertainty and delays to grid connections.
_ Michelin says it’s considering cutting 1,500 jobs in France over three years to lower its cost base at a time of turmoil in the various industries where the tiremaker has a presence.
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