Ericsson Plunges, DNB Bank Falls, EssilorLuxottica Down
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Ericsson's shares fell as much as 10.3%, the most in about 18 months, after the Swedish company said margins for its main business will come under pressure this quarter.
- DNB Bank missed estimates in the second quarter, falling to the lowest since early 2023, as profitable growth in deposits was offset by product-mix effects and competition.
- EssilorLuxottica has been downgraded to neutral from buy at Goldman Sachs, as the broker lowers growth estimates on tough comps and increased competition. Shares fell as much as 3.6%.
See omnystudio.com/listener for privacy information.
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