Man United shares up 14% as @hellierd reports some members of Glazer family have been debating whether to sell stake
Stock hits highest since August 2023 https://t.co/mAIl8lykZh $MANU
Panmure Liberum recommends selling Ceres Power shares but not shorting them
Says 700% rally ignores execution risks
“Given share price has been sentiment driven, it is too risky to short”
Via @Bloomberg_JoshW#CWR https://t.co/u9IgZdLacy
JPMorgan warns against piling into $SOI rally
"Some of the euphoria around the shares unreasonably diminishes the risk of price erosion and market share loss due to competition"
Notes Soitec's big premium versus peers
Europe pre-market broker calls:
Abivax -15% to -25%: Obefazimod drug trial data $ABVX
Avolta -4% to -7%: Richemont share placing
BW LPG -5%: Q1 earnings miss
STMicroelectronics +1% to +5%: Raises data center forecast
British American Tobacco -3% to +2%: Reiterates FY guidance
Paragon Banking +1% to +2%: Dividend hike, buyback extended
Barry Callebaut -2% to +1%: Mid-term growth targets
Kering +1%: Appoints McQueen CEO
British Land +1%: Names new CEO
Saab +1%: Wins air defense order
Siemens Energy +1%: Acquires Camlin Group
TeamViewer +1%: Sales issues addressed
Wizz Air +1% to +2%: May traffic up 26%
Chemring -1% to +2%: H1 revenue miss
BP -1%: Backs chair search
Murapol -1%: Overnight share placing
Nokia +1%: AI demand supports semis $NOK