Airbus Slips, Euronext Drops, Nestlé Rises
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Airbus faulted one of its main engine suppliers for failing to deliver the key component in sufficient quantities, forcing the plane maker to pare back its ambitious production goals even as customers place record orders.
- Euronext expects costs to jump this year, driven by strategic investments and the recent acquisition of the Athens Stock Exchange.
- Nestle shares rise as much as 4.5%, the most since October, after what RBC described as a “decent” fourth-quarter print from the Swiss food giant.
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