UK's Synthomer slips as short-term investors trim positions
Today 11:41
BUZZ-UK's Synthomer slips as short-term investors trim positions ** Shares of polymer maker Synthomer SYNTS.L tumble as much as 7.6% to 104.6p
** Share weakness reflects "travel and arrive" after a 20% MTD rally ahead of results, with short-term investors trimming positions amid no further upgrade or new asset disposal announcement, says brokerage Peel Hunt
** Brokerage also cites broader weakness across European industrial stocks
** Co reports Q3 performance in line with previously upgraded expectations; confident of delivering FY2026 outlook
** YTD, stock is up ~75%
(Reporting by Krisha Bhatt in Bengaluru)