Lloyds Falls, Rolls-Royce Backs Outlook, GN Store Drops
On this episode of Stock Movers:
- Lloyds shares fall as much as 2.4% after the lender’s earnings came in a touch shy of expectations. Analysts blamed higher severance costs, but said that overall trends are supportive with Lloyds maintaining its full-year guidance.
- GN Store slumps as much as 10% after lowering its full-year guidance to account for the impact of US tariffs.
- Rolls-Royce expressed confidence the aircraft engine supplier can meet its financial goals for the year despite the uncertainty caused by the introduction of new tariffs.
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