Stock Movers Ubisoft Down More Than 20%,, Siemens Down, JD Sports Up
May 15, 2025
Ubisoft faces a drastic 23% drop in shares amid disappointing forecasts and a bleak profitability outlook. Siemens experiences a decline as demand for its electrification products wanes, hinting at a slowdown. In a twist, JD Sports gains momentum with potential acquisition talks involving Foot Locker, which has struggled this year. The financial landscape remains dynamic, showcasing both challenges and opportunities for these major players.
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Ubisoft Faces Financial Hit
- Ubisoft's shares dropped nearly 20% after warning of flat sales and no high-end game releases this year.
- Profit and cash flow will be hurt, with the stock down 60% over the past year.
Siemens Profit Up, Stock Down
- Siemens reported a 29% profit jump in new business but shares fell 3% due to cooled demand.
- The stock recently hit record highs, prompting investors to take profits despite solid electrification business figures.
Foot Locker Deal Lifts JD Sports
- News of Dick's Sporting Goods potentially buying Foot Locker boosts UK JD Sports stock by 3.5% amid speculation JD could be next.
- This retail deal news positively impacts the European market despite general market weakness.