TKMS Rises, Segro's No, Trainline Falls
from Stock Movers Hosted by iHeartPodcasts
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Rheinmetall falls as much as 11% and TKMS shares rise as much as 9.5%. Germany was said to have shelved the purchase of six F126 anti-submarine warships from Rheinmetall, instead buying eight Meko-200 frigates from TKMS, according to people familiar. - Prologis made a £12.6 billion ($16.6 billion) bid to acquire Segro in a major bet on UK data centers, but the London-based company rebuffed what could’ve been the biggest deal for a publicly traded European property firm. - Trainline shares fall as much as 5.4%, the most in a month, as analysts at JPMorgan reiterated their underweight stance despite the company’s appointment of a new CEO, former Flutter UK & Ireland boss Ian Brown.
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