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CSG Soars, Babcock Down, Ericsson Jumps | Stock Movers

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January 23, 2026

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On this episode of Stock Movers:

- Armored vehicle and munitions maker CSG’s shares soared in its Amsterdam trading debut on Friday morning, after the firm and its owner raised €3.3 billion ($3.9 billion) in an initial public offering.Shares rose as high as €33 apiece in the first hours of trading, 32% higher than the offer price of €25 each.

- Babcock shares drop as much as 3.8% after the support services company said CEO David Lockwood is retiring and will be succeeded by the head of its Nuclear division, Harry Holt.

- Ericsson proposed its first-ever buyback after fourth-quarter earnings beat analysts’ forecasts. Shares rose as much as 12% to 96.28 kronor in Stockholm, erasing its losses from over the last 12 months.

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CSG Soars, Babcock Down, Ericsson Jumps

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CSG Soars, Babcock Down, Ericsson Jumps | Stock Movers · Bloomberg Podcasts · Sentinel