WPP Rockets, Rheinmetall Slumps, Medicover Rises
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- WPP shares soar as much as 30% after it reported first-half profits that beat analysts’ estimates, driven by the advertising agency’s cost-cutting efforts in a sluggish market.- Rheinmetall shares fell slightly after it cut its sales forecast for this year as Germany’s biggest defense company deals with the fallout of losing a German naval contract worth several billion euros. - Medicover shares rise after KKR & Co. agreed to acquire the Swedish company’s Indian hospital operations…
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