Pandora Slides, Orsted Down, Glencore Up
On this episode of Stock Movers:- Pandora falls as much as 14%, the steepest drop since April, after the Danish maker of charm jewelry reported weaker-than-expected second-quarter revenue. Current trading news also disappointed analysts, triggering concerns as to whether the company will reach consensus expectations in the third quarter.- Orsted was downgraded to the lowest tier of investment grade by S&P Global Ratings on increasing risks to its US offshore wind business as the Trump Administration moves to halt the sector’s development.- European metals and mining stocks may move on…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.