Volkswagen Jumps, Vodafone Climbs, UniCredit Falls | Stock Movers

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Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Volkswagen shares gain as much as 9.7%, the biggest intraday move since March 2023, after the carmaker’s supervisory board backed a sweeping restructuring that includes 50,000 additional job cuts. Analysts say the plan is necessary for the company to remain competitive, while cautioning that execution will be key. - Vodafone gains as much as 2.3% after Goldman Sachs upgraded its view on the company to buy from sell in a wider review of the European digital infrastructure and telecoms sector. It also cuts Cellnex Telecom to sell from neutral, knocking the stock as much as 2.3% lower. - UniCredit said Chief Executive Officer Andrea Orcel held talks about Commerzbank with a regional government leader in Germany, as the Italian lender moves closer to taking control of the rival. Shares fall as much as 2%. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloombe

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