Schneider Electric Up, Entain Dips, Wizz Air Drops
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.
- Entain's Chief Financial Officer and Deputy Chief Executive Officer Rob Wood is to step down in 2026 after 13 years with the London-listed gambling group.
- Wizz Air shares fall as much as 4.4%. The budget airline is cut to underperform from neutral as BofA analysts flag concerns on costs and increased competition.
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