Rheinmetall Sinks, Segro's No, Truecaller Surges

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Rheinmetall falls as much as 11% and TKMS shares rise as much as 9.5%. Germany was said to have shelved the purchase of six F126 anti-submarine warships from Rheinmetall, instead buying eight Meko-200 frigates from TKMS, according to people familiar.
- Prologis Inc. made a £12.6 billion ($16.6 billion) bid to acquire Segro Plc in a major bet on UK data centers, but the London-based company rebuffed what could’ve been the biggest deal for a publicly traded European property firm.
- Truecaller surges as much as 12% after SEB Equities upgrades the Swedish caller-ID platform to buy from hold, saying the trough may now have passed and there are signs of growth ahead.

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