Vestas Rises, Spirax Jumps, Bellway Up
On this episode of Stock Movers:
- Vestas Wind Systems shares rose as much as 5.1% after the company won new orders in the US, which analysts at Citi said is being taken well by the market following the drop in the shares on Monday.
- Spirax stocks rallied as much as 18%, marking the biggest jump on record, after the thermal energy and fluid technology company delivered results ahead of expectations in the first half. Citi said the update implies there is some upside potential to consensus estimates for the current year.
- Bellway rose as much as 2.6% after it reported homes completed for the full year of 8,749 vs. 7,654 year on year.
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