Vestas Surges, Hermes Drops, Kingspan Jumps | Stock Movers

By Bloomberg Podcasts

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Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Vestas shares surged as much as 19%, the most since July 2022, after the Danish company lifted its profit guidance for the year and announced a share buyback driven by jump in orders for its wind turbines. - Hermes shares fall alongside other European luxury stocks after Deutsche Bank lowered its price targets for heavyweights in the sector, citing limited improvements during the second-quarter earnings season. - Kingspan shares rise as much as 8.3%, to the highest since January 2022, after the Irish building materials company announced the purchase of BMC Manufacturing Group for an initial consideration of €850 million, with a potential deferred consideration of up to €50 million. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies maki

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