Vistry Drops, Asos Rises, Christian Dior Surges
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Asos shares rise as much as 7.9%, hitting their highest level in three years, as the online fashion retailer said it now expects to deliver annual adjusted Ebitda at the high-end of its guided range following a return to gross merchandise value growth in the latest quarter. Analysts increased their price targets and estimates.
- Christian Dior shares rise as much as 19% after the LVMH holding company said the Arnault family are mulling a tender offer to minority shareholders as part of a plan to simplify the structure of the companies that hold the luxury-goods giant.
- Vistry shares drop as much as 10% after the housebuilder reported weak interim results and outlined the findings from the review conducted by its CEO.
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