Sage Group Drops, Applied Nutrition Rises, Salmar Gains
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares in Sage Group and European software firms are lower after weaker than expected forecasts from US software players such as Intuit and Zoom.
- Applied Nutrition shares rise as much as 9%, taking them close to a record high, after the supplements producer upgraded its profit guidance. Analysts from Berenberg said this was the result of 50% revenue growth and Panmure Liberum said the company has “exceptional” trading momentum.
- Salmar rises as much as 5.2% to the highest since June after Nordea upgraded the stock to hold from sell, saying there’s “limited fuel for a sell case in the short term” following the Norwegian salmon company’s 2Q results.
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