Lloyds Falls, Ottobock Rises, Ferrari Drops
On this episode of Stock Movers:
- Lloyds Banking Group shares drop as much as 3.9%, the most in six weeks, after the lender said it will likely have to set aside an additional — and potentially material — provision to compensate customers who were missold car loans.
- Ottobock shares rose in the prosthetics firm’s debut trading session in Frankfurt on Thursday, after the biggest initial public offering in Germany in more than a year.
- Ferrari offered a glimpse of its first electric car, teasing key performance benchmarks of the Elettrica as it starts to unwrap the model ahead of deliveries in late 2026. Ferrari said all-electric models will make up about 20% of its lineup by 2030, halving a goal set in 2022, while hybrids remain 40% of the mix and combustion powertrains make up 40%.
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