Risers and Fallers

FTSE 250 movers: Pennon tanks; Ocado, Avon surge

By Frank Prenesti

Date: Wednesday 07 Oct 2026

(Sharecast News) - FTSE 250 (MCX) 24,086.31 -0.53%


Shares in Pennon tumbled on Wednesday after the water utility unveiled a rights issue and cut its dividend as part of a major operational reset and increased investment programme.

The water utility company said it planned to raise around...

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