Stock Movers

Schneider Electric Jumps, Adidas Falls, Rolls-Royce Rises

Thursday · 4 min · 4.6 MB
0:00-4:43

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Schneider Electric shares rise as much as 7%, the most since April, after the firm’s second-quarter beat and raised guidance was welcomed by analysts, who say the report is a strong print from the French electrification and automation group, particularly for its data-center offerings.

- Adidas shares fell as much as 18%, the most on record, after the German brand’s marketing spending for the football World Cup resulted in lower-than-expected quarterly profit.

- Rolls-Royce shares rise after it raised its full-year guidance for a second time as the UK’s largest manufacturer earned more from selling engines for widebody planes, military hardware and artificial intelligence.

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