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Nestle Jumps, Kering Dips, Nordea Rises | Stock Movers
Posted
October 16, 2025
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125
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October 16, 2025
125
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4:38Now PlayingOn this episode of Stock Movers:
- Nestle shares surged after it posted a stronger-than-expected increase in quarterly sales and announced plans to slash 16,000 jobs.
- Kering has been downgraded to sell from hold by an analyst at Berenberg amid concerns over demand-side challenges in the luxury sector.
- Nordea Bank shares rose to a record high after the Helsinki-based lender beat on net interest income and announced a spare of share buybacks.
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Nestle Jumps, Kering Dips, Nordea Rises
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