WPP shares set for biggest daily gain since 1992
06/08/2026 08:19
WPP shares set for biggest daily gain since 1992 Aug 6 (Reuters) - Shares in WPP WPP.L surged more than 26% in London on Thursday, after the advertising group beat organic growth estimates and chief executive Cindy Rose said it was on track with plans to stabilise the business.
The stock was set for its biggest one-day gain since 1992.
"We think consensus FY26E organic growth could prove overly conservative following the H1 results. Additionally, the progress on disposals is positive and indicative of the potential unseen value in the broader portfolio," Citi said.
Including Thursday's surge, WPP shares are up 14% so far this year.
(Reporting by Danilo Masoni; Editing by Amanda Cooper)
((Danilo.Masoni@tr.com; Reuters Messaging: danilo.masoni.thomsonreuters.com@reuters.net/))