
This episode discusses the biggest winners and losers in the stock market, focusing on Standard Chartered's profit, Whitbread's investment plan, and Stellantis's financial struggles.
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Standard Chartered reported pretax profit for the first quarter that beat the average analyst estimate. - Whitbread is launching a new five-year plan to reduce capital investment by over £1b and recycle £1.5b of property assets to fund future growth while generating £2b in free cash flow for shareholder returns by 2031, according to a statement. - Stellantis shares fell the most since February after analysts pointed to the automaker’s worse-than-expected financial performance in the key North American market. See omnystudio.com/listener for privacy information.
Organizations: Standard Chartered, Whitbread, Stellantis
Places: North America
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