Kingspan Soars, Daimler Truck Slumps, Genmab Jumps
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kingspan shares rally as much 14%, hitting their highest level since April 2022, after the insulation specialist topped expectations in the first half and lifted its trading profit guidance for the full year.
- Daimler Truck shares fell after the German manufacturer announced plans to build a new manufacturing plant in the US to defend its position in the key market and reduce its exposure to President Donald Trump’s tariffs.
- Genmab shares jump as much as 8.3%, the most since April 2025, after the Danish biotech company reported better-than-expected revenue and operating income for the second quarter and boosted its outlook for the full year.
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