Stocks on the move: Just Eat Takeaway up 15%, ASMI up 8%
Just Eat Takeaway shares jumped 15% in early trade on Wednesday after the Dutch food delivery company reported second-half earnings and vowed to prioritize profitability over growth going forward.
Compatriot semiconductor firm ASMI climbed more than 8% after beating fourth-quarter earnings expectations on the back of improved supply chain conditions.
UK inflation rate falls for second month in December
The annual rate of inflation in the U.K. fell once again in December to 10.5% — slightly below analyst expectations.
It marked the second month of falls, after the rate slipped from a 41-year high to 10.7% in November.
The U.K.’s Office for National Statistics said the largest downward contribution to the change “came from transport (particularly motor fuels), clothing and footwear, and recreation and culture, with rising prices in restaurants and hotels, and food and non-alcoholic…
