Sodexo, Babcock, Swatch
On this episode of Stock Movers: - Sodexo SA shares plunged the most in almost seven years after the French food services company lowered its revenue guidance, citing slower growth at its US university business. The stock dropped as much as 16% in Paris, the biggest intraday decline since March 2018. Rival catering companies also fell, with London-listed Compass Group Plc sliding as much as 4.1%. - British warship maker Babcock International Group Plc will rejoin the FTSE 100 index amid a rally in defense stocks as Europe ramps up security spending. The London-based firm will replace…
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