Delivery Hero Rallies, Easyjet Rises, Whitbread Drops
On this episode of Stock Movers:
- Delivery Hero is facing pressure from several large shareholders to conduct a strategic review amid increasing consolidation in the food-delivery industry, people with knowledge of the matter said.The stock rallied in early trading on Friday, rising as much as 8.2%.
- EasyJet shares rise as much as 3.1% to a six-week high. The budget airline offers a cheap play to benefit from supply-constraint tailwinds in the industry, according to Bernstein, which upgrades the stock to outperform from market-perform.
- Whitbread drops 8% after a double-downgrade at Bernstein.
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