Shares in Hugo Boss tanked on Thursday despite first-quarter results beating forecasts, as the German fashion group reported falling sales in the key market of China.
The downturn in Germany’s hard-pressed manufacturing sector eased marginally last month, a closely-watched survey showed on Thursday, although it remained in contraction.
Shares in pharmacy giant CVS Health were falling on Wednesday, after its first-quarter results fell short of expectations, with both revenue and adjusted earnings missing the mark.