WPP Rockets, Glanbia Jumps, Siemens Down
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- WPP Plc reported first-half profits that beat analysts’ estimates, driven by the advertising agency’s cost-cutting efforts in a sluggish market.
- Glanbia shares jump as much as 9.1%, their biggest jump in over three months, after the nutrition company delivered earnings ahead of expectations in the first half and improved its guidance for the full year, which analysts expect to lift consensus.
- Siemens disappointed investors hoping that it would show a bigger benefit from a surge in data center spending that prompted a second increase in its earnings outlook this year.
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