Babcock Buyback, Worldline Hits Record Low, Stellantis Up

On this episode of Stock Movers:
- Babcock International Group raised its medium-term profit target and announced its first-ever share buyback as the UK defense firm benefits from a surge in military spending.
- Worldline SA shares fell by more than a fifth on Wednesday, following reports that the company covered up fraud by customers.
- Stellantis rises as much as 4.1% as Jefferies upgrades the automaker to buy from hold, writing in a note that operations may be starting to take a more positive turn.

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