Amadeus Jumps, IAG Falls, Rheinmetall Slips
On this episode of Stock Movers:- Amadeus IT Group climbs as much as 5.7% after the company, which processes transactions for the travel and tourism industry, topped expectations in the first quarter and reiterated its guidance despite the disruption being caused by the Middle East conflict. - IAG shares fall as much as 5.9%, the most in two months, after the airline group warned profit will be lower than previously anticipated this year. Analysts point to higher fuel costs due to the Middle East conflict and cuts to capacity growth, free cashflow and capital expenditure outlooks.-…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.