Stock Movers: Adyen Plunges on Outlook Cut, Aviva Rises on Strong Inflows, Thyssenkrupp Slumps

Adyen's Significant Share Drop

• 📉 Adyen's shares experienced their largest single-day drop since 2023, falling as much as 19%.
• ⚠️ This decline was triggered by the payments firm toning down its sales growth outlook for the year, stating that full-year net revenue acceleration is now "unlikely."
• 🌍 The company cited US tariffs impacting clients, particularly e-commerce companies in Asia, and the cancellation of a tax exemption on small imported parcels as key reasons.
• 🔗 Adyen's direct rival, PayPal, also noted similar weaknesses in consumer spending and client performance, suggesting a broader industry impact.

Aviva's Positive Performance

• 📈 Aviva's shares rose by up to 3.7% following positive first-half results.
• 💰 The UK insurer reported strong momentum in its wealth arm, with net inflows and a 16% increase in assets under management.
• 🏦 The Aviva Investors asset management unit also demonstrated a very strong performance.
• 🤝 The company recently completed the acquisition of Direct Line, and its CEO hinted at potential future deals, indicating ongoing opportunities.

Thyssenkrupp's Difficult Day

• 📉 Thyssenkrupp shares fell as much as 12%, marking the most significant drop since May.
• 📊 This downturn follows the German steel and engineering group's decision to cut its full-year guidance for sales and earnings, alongside a wider third-quarter loss.
• 🏭 The company is contending with weak demand across key end markets, including automotive, engineering, and construction.
• 💡 A bright spot for Thyssenkrupp is its marine systems division, which builds submarines and ships for defense customers, a segment that recently received shareholder approval for a partial spin-off.