Soitec Up, Barratt Redrow Cuts, WH Smith Down

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Soitec gains as much as 11% as JPMorgan upgrades to overweight and more than doubles its price target, saying raised expectations for the company’s photonics business more than compensate for concerns in mobile.
- Barratt Redrow cut its guidance for home sales as Britain’s biggest housebuilder urged the government to help stimulate demand dented by the conflict in the Middle East.
- WH Smith expects profit to be at the bottom of its guidance range as inflation and an increase in promotions weigh on the British travel retailer’s performance.

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