SM

September 9 · 3 min
Inditex Falls, Goodwin Down, Gym Group
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Inditex shares fall as much as 4.9%, the most in six months, after the Zara owner’s first-half earnings missed sell-side expectations due to rising operational costs. - Goodwin is in advanced discussions regarding the potential sale of a substantial part of its Mechanical Engineering division to funds advised by Cerberus Capital Management for a headline cash consideration of up to ~£1.1b, according to a statement. - Gym Group reported adjusted pretax profit for the first half-year of GBP6.4 million vs. GBP4.9 million y/y. Shares rose as much as 5.7%. See omnystudio.com/listener for privacy information.
- Transcript