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Saxo Markets: Gaming company Sumo is top stock of the week on London Stock Exchange after Tencent £900m buyout

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In today’s Saxo Markets’ Weekly Winners for the London Stock Exchange and internationally:

– Sumo Group’s £900million buyout sees shares rise 39.24% on the London Stock Exchange
– GCP Student Living among Weekly Winners list for fourth week running
– Next, Trainline and Cineworld see growth in past week as England eases lockdown restrictions

LSE

Weekly Winners

% Price Rise in Past 7 Days

Sumo Group

39.24%

Ultra Electronics Holdings

39.15%

Frontier Developments

17.92%

3i Group Plc

11.15%

GCP Student Living

10.68%

Cineworld Group

10.61%

Future Plc

10.33%

Biffa Plc

10.28%

Keywords Studios

10.14%

Blue Prism Group

9.32%

Next

9.32%

FDM Group

8.60%

Volution Group Plc

7.90%

Trainline Plc

7.58%

Morgan Sindall

7.55%

 

Correct as of 6.00am (BST) 26.07.2021

*Includes only companies with market caps greater than 1 Billion USD

Globally across all exchanges:

– Cytokinetics is this week’s top performer seeing shares rise 50.31% after success of clinical trials for new heart-disease drug
– Moderna Inc, the company behind one of Europe’s most used Covid vaccines, has share spike after having jab authorised for teenagers

– Snap Inc. among top 15 stocks as Q2 results boast positive revenue figures

All

Weekly Winners

% Price Rise in Past 7 Days

Cytokinetics Inc.

50.31%

Cassava Science

49.68%

Veoneer Inc.

49.07%

Apollo Medical Holdings

44.57%

Sumo Group

39.24%

Ultra Electronics Holdings

39.15%

Anhui Jianghuai Automobile

38.93%

Moderna Inc.

34.33%

Arvinas Inc.

30.42%

Nurix Therapeutics

30.17%

Westshore Terminals

29.30%

Snap Inc.

28.88%

Quidel Corp.

28.64%

San’An Optoelectronics

28.57%

Shangai Wanye

28.21%

Correct as of 6.00am (BST) 26.07.2021

*Includes only companies with market caps greater than 1 Billion USD

All trading carries risk.  Any past performance stated is not an indication of future performance.

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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