Pan African Resources Falls, Telecom Italia Gains, Spire Plunges
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Pan African Resources shares fall as much as 9% as the price of Gold continues to decline amidst inflation fears tied to the ongoing conflict in the Middle East.
- Telecom Italia shares rise as much as 8.1% and briefly trade above the implied value of a cash-and-stock offer from Poste Italiane following a 7.0% decline in the suitor’s stock.
- Spire Healthcare shares sink as much as 21% to the lowest since March 2021 after the UK operator of private hospitals confirmed talks with private equity firms Bridgepoint and Triton in relation to a potential takeover offer have ended.
See omnystudio.com/listener for privacy information.
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