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The below stocks have been identified as having potential to register bigger than normal share price moves (up or down) today based on the news cited
Next has trimmed FY profits guidance due to heavy discounting and higher costs. Xmas sales beat consensus, but only because online offset struggling Retail. Guidance for 2020 profits -1.1% on full price sales +1.7% (barely half the 3.2% expected for 2019), with Retail -8.5% and Online slowing to 11% may disappoint. One silver lining is expectations of £300m surplus cash for share buybacks.
DNO extends 152p cash offer for Faroe Petroleum to 12 Dec after receiving acceptances from 13.1% of Faroe shareholders (DNO current stake 43%).
Ryanair Dec passengers +12% YoY but (-1% MoM, load factor -1pts to 95%).
Wizz Air Dec passengers +19.6% YoY, capacity +18.4%, load factor +1pts to 92.4%. Expanded routes and fleet.
(Sources: Company newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| HAMMERSON | HMSO | -3.0% | -0.8% | -5.6% |
| DRAX | DRX | 1.1% | 1.6% | -2.0% |
| OPHIR ENERGY | OPHR | 38.6% | 53.0% | 30.3% |
| PLAYTECH | PTEC | 0.8% | 2.8% | -2.4% |
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Prepared by Michael van Dulken, Head of Research