Volvo Surges, Dassault Tumbles, Rentokil Rises
On this episode of Stock Movers:
- Volvo Car shares surged after the automaker reported better-than-expected profit in the third quarter, benefiting from its 18 billion-kronor ($1.9 billion) cost-saving program.
- Dassault Systemes shares dropped by the most since 2002, after the software firm lowered its revenue forecast for the year. The shares are trading at the lowest since April 2020.
- Rentokil had its steepest surge since March 2024, after the pest control group reported stronger-than-expected third-quarter revenue growth, driven mainly by its business in the US.
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