Rotork Soars, Ocado Dips, Crest Nicholson Down
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- FTSE 250-listed Rotork’s shares soared 67% after Swiss industrial conglomerate ABB agreed a takeover for $5.5 billion.
- Ocado Group Plc Chief Executive Officer Tim Steiner said he’s committed to leading the British grocery delivery company, even as another weak performance from its key technology division triggered a share plunge.
- Beleaguered UK homebuilder Crest Nicholson Holdings Plc has agreed an extension with lenders to avoid breaching the terms of its loans while it renegotiates borrowing facilities.
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