Schneider Keeps Dropping, Hermès Dips, Unipol Gains

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Schneider Electric SE agreed to buy industrial software firm PTC Inc. for about $22.6 billion, stepping up its effort to tap into the artificial-intelligence boom with its biggest acquisition to date.

- Hermès gets its first sell ratings in over a year, with analysts at Goldman Sachs and UBS expecting shares in the Birkin bag maker to continue to underperform on the back of more muted top-line growth than investors currently price.

- Unipol is 3.8% higher as Intesa has pledged to sell about half of Paschi’s branches to the insurer to address potential antitrust concerns

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