Schneider Electric Gains, Delivery Hero Dips, Exosens Up
On this episode of Stock Movers:
- Schneider Electric announced a share buyback program of as much as €3.5 billion ($4.1 billion) through 2030 as it targets growing profitability over the next five years, driven by artificial intelligence and electrification.
- Analysts including Monique Pollard downgraded Delivery Hero to sell. The rare sell rating is based on increasing competition in Middle East and North Africa region.
- Contract that Exosens signed to supply night-vision technology to the Organization for Joint Armament Cooperation is supportive after recent selloff in defense names, Bernstein says. Exosens gains as much as 9.3% to a record high.
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