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Brunello Cucinelli Rises, Sodexo Plunges, Reply Gains

Brunello Cucinelli Rises, Sodexo Plunges, Reply Gains

Stock Movers

April 10, 20264m 1s

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Show Notes

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Brunello Cucinelli gains as much as 6.6% after the Italian luxury clothing company reported solid first-quarter earnings thanks to strong retail sales, which according to analysts, confirms the company’s stand-out position in the sector.
_ Sodexo cut its full-year guidance as the caterer said under-investment, execution challenges and an uncertain external environment is hurting performance, sending shares as much as 20% lower.
- Reply shares rose as much as 8.4% in Milan trading, the most in a year, after the Italian digital services firm announced that it would buy back ordinary shares worth as much as €550m.

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