SMALL-CAP WINNERS & LOSERS: Wickes jumps 10% on guidance upgrade

(Alliance News) - The following stocks are the leading risers and fallers among London Main ...

Alliance News 3 December, 2021 | 11:37AM
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(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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SMALL-CAP - WINNERS

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Wickes Group PLC, up 10% at 237.40 pence, 12-month range 204p-288.4p. The DIY retailer says full-year earnings to beat consensus. Lifts full-year adjusted pretax profit guidance to no less than GBP83 million. The building supplies retailer notes that market consensus lies around GBP74 million to GBP75 million. Friday's upgrade comes after a strong performance in the fourth quarter to date.

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SMALL-CAP - LOSERS

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Highbridge Tactical Credit Fund Ltd, down 5.5% at 240p, 12-month range 224p-282.2p. To further reduce fixed costs of company during wind-down, board have volunteered to implement an additional fee waiver. Is likely to continue with its London Stock Exchange listing until mid-2022.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Wickes Group PLC 133.00 GBX 0.99 -
Highbridge Tactical Credit Fund Ord 241.00 GBX 0.84 -

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Alliance News

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