Ryanair Down, Danone Slides, Spire Jumps
On this episode of Stock Movers:
- Ryanair Holdings Plc raised its full-year guidance for passenger growth and fares as the Irish budget carrier benefits from improved Boeing aircraft deliveries and stronger travel demand. Ryanair fell 0.8% in early European trading, with some analysts calling the outlook conservative.
- Infant formula stocks could be in focus again on Monday as a crisis that’s engulfed Nestlé, Danone and Groupe Lactalis widens.
_ Private equity firms Bridgepoint and Triton Partners are exploring a bid for Spire Healthcare , a transaction that could spell another exit from the London Stock Exchange.Shares of London-listed Spire, a member of the FTSE 250 Index, have declined more than 20% over the past year.
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