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FTSE 250 movers: Darktrace falls on Palo Alto guidance cut; Close Bros down again

By Frank Prenesti

Date: Wednesday 21 Feb 2024

(Sharecast News) - FTSE 250 (MCX) 19,116.60 0.04%
Darktrace shares fell in a readacross from the selloff in cybersecurity shares sparked by US company Palo Alto Networks after it cut billing forecasts on the back of weaker client spend and steep promotions. Softcat stock was also weaker on the news.

Banking group Close Brothers fell sharply as worries over historic motor finance claims continued to worry investors.

Market Movers

FTSE 250 - Risers

Octopus Renewables Infrastructure Trust (ORIT) 78.60p 4.24%
Tritax Eurobox (GBP) (EBOX) 52.90p 4.13%
Currys (CURY) 68.30p 3.72%
Greencoat UK Wind (UKW) 134.30p 3.71%
W.A.G Payment Solutions (WPS) 89.00p 3.49%
The Renewables Infrastructure Group Limited (TRIG) 100.20p 3.30%
Target Healthcare Reit Ltd (THRL) 78.30p 2.89%
Baltic Classifieds Group (BCG) 242.50p 2.75%
TUI AG Reg Shs (DI) (TUI) 570.50p 2.70%
Foresight Group Holdings Limited NPV (FSG) 451.00p 2.50%

FTSE 250 - Fallers

Close Brothers Group (CBG) 321.00p -9.07%
Darktrace (DARK) 335.60p -6.78%
Urban Logistics Reit (SHED) 120.20p -4.30%
Bytes Technology Group (BYIT) 576.50p -4.16%
Oxford Instruments (OXIG) 2,130.00p -2.52%
Trustpilot Group (TRST) 188.70p -2.33%
Kainos Group (KNOS) 1,059.00p -2.31%
Allianz Technology Trust (ATT) 323.50p -1.97%
Apax Global Alpha Limited (APAX) 151.00p -1.95%
Softcat (SCT) 1,443.00p -1.90%


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