Pennon Falls, Porsche's New Model, BE Semi Drops

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Pennon shares fall as much as 17%, the most in over five years, after the UK water utility announced a £550m rights issue and rebased its dividend to fund a larger investment program.
- Porsche plans to increase prices of its top-end sportscars by an average of 20%, including the introduction of a new model that will sit above the longtime flagship 911 in the lineup, as it seeks to revive flagging profits.
- BE Semiconductor shares drop as much as 6.3% after UBS downgraded the stock to sell from buy, citing a slower adoption of hybrid bonding among memory chipmakers due to a supply crunch.

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