FTSE 250 movers: Wizz soars, B&M falls

(Sharecast News) - FTSE 250 (MCX) 22,396.05 0.86%

Wizz Air, which is focused on Central and Eastern Europe, flew to the top of the FTSE 250. Traders pointed to a Bloomberg report which cited Ukraine's top negotiator with Russia as saying that he sees progress towards a potential peace deal with the Kremlin. He reportedly said a resolution to the war may not take long to achieve.

AO World surged as it confirmed it remained on track to meet full-year guidance despite "material" cost headwinds.

Updating on year-end trading, the white goods retailer said total group revenue growth was expected to be around 11% in the 12 months to 31 March, with adjusted pre-tax profits slated to come in at the top end of its £45m to £50m range.

Trustpilot gained as JPMorgan reiterated its 'overweight' stance on the shares. "With the shares having risen more than 30% on the day of the FY25 results, they are now -13% from recent highs, partly as a result of a recent block listing," the bank said.

"We think this presents an attractive entry point into a uniquely positioned AI winner set to potentially compound earnings and free cash flow well above sector-average rates."

B&M European Value Retail fell as it said that Helen Cowing has stepped down from her role as interim chief financial officer and as an executive director with immediate effect. Group finance controller Peter Waterhouse has been appointed to the role.

FTSE 250 - Risers

Wizz Air Holdings (WIZZ) 1,025.00p 10.48%

AO World (AO.) 96.30p 8.45%

Trustpilot Group (TRST) 227.00p 7.08%

Foresight Group Holdings Limited NPV (FSG) 387.00p 5.75%

Aston Martin Lagonda Global Holdings (AML) 42.16p 5.02%

Spire Healthcare Group (SPI) 153.80p 4.20%

Oxford Nanopore Technologies (ONT) 110.10p 4.17%

Tate & Lyle (TATE) 358.50p 4.03%

Hochschild Mining (HOC) 654.50p 3.96%

Discoverie Group (DSCV) 583.00p 3.74%

FTSE 250 - Fallers

Ceres Power Holdings (CWR) 305.20p -4.96%

B&M European Value Retail (BME) 174.50p -4.64%

Gamma Communications (GAMA) 828.80p -3.16%

Ocado Group (OCDO) 187.55p -2.60%

Ithaca Energy (ITH) 245.60p -2.11%

The Schiehallion Fund Limited NPV (MNTN) 1.91p -2.05%

Chemring Group (CHG) 545.50p -1.71%

AEP Plantations (AEP) 1,848.00p -1.70%

GCP Infrastructure Investments Ltd (GCP) 75.30p -1.70%

Avon Technologies (AVON) 1,740.00p -1.69%