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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.

Wladimir P. is a Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries.

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