FTSE 250 movers: Moonpig, FirstGroup under the cosh
London’s FTSE 250 was down 1.5% at 23,246.24 in afternoon trade on Tuesday.
Online greeting cards retailer Moonpig fell, reversing gains made earlier after it lifted its full-year revenue guidance to between £270m and £285m from £250m to £260m, as it hailed strong trading in the year to date.
In an update on trading from 30 April to date, the company said frequency remains elevated following a limited change in consumer mobility through the summer, despite the lifting of lockdown restrictions.
Transport operator FirstGroup was also in the red, with traders pointing to negative read-across from Go-Ahead, which slid more than 20% after saying it had lost the Southeastern rail franchise.
FTSE 250 - Risers
Trustpilot Group (TRST) 343.00p 1.90%
Investec (INVP) 315.70p 1.58%
Energean (ENOG) 904.00p 1.57%
Cineworld Group (CINE) 81.26p 1.55%
Wood Group (John) (WG.) 231.10p 1.32%
Diversified Energy Company (DEC) 116.80p 1.04%
International Public Partnerships Ltd. (INPP) 166.20p 0.85%
Greencore Group (CDI) (GNC) 147.20p 0.75%
Fidelity China Special Situations (FCSS) 314.00p 0.48%
Micro Focus International (MCRO) 417.90p 0.29%
FTSE 250 - Fallers
Darktrace (DARK) 787.00p -8.91%
Tyman (TYMN) 413.50p -5.59%
FirstGroup (FGP) 88.85p -5.33%
Diploma (DPLM) 2,836.00p -4.90%
Kainos Group (KNOS) 1,867.00p -4.70%
Howden Joinery Group (HWDN) 895.80p -4.66%
Watches of Switzerland Group (WOSG) 946.00p -4.35%
Moonpig Group (MOON) 344.80p -4.33%
Renishaw (RSW) 4,760.00p -4.26%
Just Group (JUST) 90.95p -4.11%