Fevertree Up, Bellway Rises, Ericsson Jumps,
On this episode of Stock Movers:
- Fevertree Drinks jumps as much as 5.7% after being upgraded at Jefferies, with analysts pointing to a “more refreshing growth story” as they predict better margins and higher cash returns going forward.
- Bellway shares rise as much as 6.2%, the most in four months, as the housebuilder leaves guidance broadly unchanged and unveils a £150m share buyback program.
-Ericsson shares jump as much as 11%, the most since April, after the Swedish telecommunications group beat estimates.
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