Tops Europe
Raspberry Pi +67.1%: absorb a 7-fold increase in memory costs and come out on top. The British nanocomputer maker is surging after proving it can reprice exploding DRAM prices without losing customers, with results exceeding expectations.
Federal National Mortgage / Federal Home Loan+41.87%: saved from bankruptcy by nationalization at the last minute in 2008, the two companies which guarantee American mortgage loans benefit from Bill Ackman’s declarations. The financier claims that a tenfold increase in their value could occur very soon.
Idorsia +14.68%: the sleeping pill from the Swiss laboratory passes the pediatric milestone. The phase 2 results confirm the effectiveness of daridorexant in 10-17 year olds without addiction or withdrawal, opening potentially positive perspectives for a product already marketed in adults.
Rheinmetall +13.85%: Boeing’s MQ-28 lands in Germany via the Düsseldorf giant. Iran is relaunching the European war machine: TKMS leaps after Citi, Thales operates its IOD-2 satellite, BAE Systems and Saab win the Swedish anti-aircraft contract. The factories are running, Hensoldt follows the movement.
Norwegian Hydro +10.78%: Tehran bombs Gulf smelters and explodes global aluminum. The Norwegian wins the day: European production saved and energy autonomy while supply in the Middle East collapses under strikes.
Universal Music Group +9.96%: 500 million taken out of the vault to buy back its own securities. Employee shareholding program and capital reduction on the menu for the record major.
Flops Europe
Nike  -13.98%: the textile giant exceeds expectations in the 3rd quarter with EPS above consensus. Unfortunately, this is not enough to erase gloomy projections driven by negative dynamics in Asia. The CEO said “I hate to lose, and we have work to do in some places.†.
Berkeley -7.64%: the British developer declined following a commercial update announcing the freezing of land acquisitions and a strategic repositioning by 2035. The group justifies this caution by the persistent weakness of the real estate market and current geopolitical uncertainties.
Mutares -8.36%: the German private equity company is heavily sanctioned after announcing a capital increase. The group plans to issue 4.3 million shares, aiming to raise up to 150 MEUR to finance its global expansion.
Unilever -6.85%: shareholders of the agri-food giant express their concerns regarding the merger of its agri-food division with McCormick. They point to the structure of the transaction, an extended timetable and regulatory risks linked to competition.
SoftwareOne -7.07%: the Swiss company suffers the costs of an accelerated placement (ABB) relating to 7 million shares sold by its founder Beat Curti. The operation, carried out for a total amount of 46 MCHF, led to a significant decline in the price.
EssilorLuxottica -1.82%: the world leader in optics falls after suffering a downgrade in its price target. Barclays maintains its recommendation of “overweight†, but reduces its target from 355 to 320 EUR, citing a more moderate growth context.
