IAG's Outlook, Kingfisher Up, Ferrari's EV Launch

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Morgan Stanley says “complacency after sharp earnings cuts” offers some opportunities within European airlines, as it names IAG its top pick, upgrades Air France-KLM to overweight and downgrades Lufthansa to underweight.
- Kingfisher shares rise as much as 8.3%, briefly hitting a two-month high, after the DIY-retailer reported first-quarter sales and reiterated its guidance, which analysts said is providing some reassurance following recent pressure on the stock.
- Ferrari shares fell almost 8% in Milan after the Italian super-car maker unveiled the Luce, its first fully electric vehicle, marking a sharp setback for one of the industry’s most closely watched EV debuts.

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