ASML Up, Man Group Falls, IAG Rises (Correct)

Today's biggest winners and losers in the stock market.   

On this episode of Stock Movers:   

- With the market clawing back its opening losses, Europe’s semiconductor subsector has moved into positive territory, with nearly all stocks now trading higher, pointing to a broader rebound. ASML rises as much as 1.4%.   

- Man Group shares fell after a judge ruled it could have to pay around $155 million for its role in “corruption on a breathtaking scale” that siphoned $1 billion from a Kuwaiti state-run pension fund over decades.   

- IAG is up as much as 1.8% after the airlines group posted a 3Q miss on estimates that JPMorgan analysts see as reduced, with a good outlook on demand and pricing. The firm also cut its capital expenditure forecast for the full year.   

(This episode has been edited to remove inaccurate comments made from 1:41 to 1:49 about the nature of Man Group's involvement in the bribery scheme.)

See omnystudio.com/listener for privacy information.