Soitec Up, Barratt Redrow Cuts, WH Smith Down

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Soitec gains as much as 11% as JPMorgan upgrades to overweight and more than doubles its price target, saying raised expectations for the company’s photonics business more than compensate for concerns in mobile. - Barratt Redrow cut its guidance for home sales as Britain’s biggest housebuilder urged the government to help stimulate demand dented by the conflict in the Middle East. - WH Smith expects profit to be at the bottom of its guidance range as inflation and an increase in promotions weigh on the British travel retailer’s performance. See omnystudio.com/listener for privacy information.