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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 250 movers: Ocado under cosh; easyJet flies higher

(Sharecast News) - FTSE 250 (MCX) 23,222.62 0.09%

Ocado was under the cosh on a report the board is sounding out candidates to replace its co-founder CEO Tim Steiner following a weak share price performance. In a very brief statement, Ocado said its chief executive and the board "continually engage in long-term succession planning and regularly engage with potential candidates".

Budget airline easyJet flew higher after it rejected a third takeover proposal from private equity firm Castlelake at 625p per share. This followed previous proposals at 560p and 600p.

Recruitment firms Hays and PageGroup both slumped although there was no immediate reason for the fall.

FTSE 250 - Risers

Pacific Horizon Inv Trust (PHI) 1,258.00p 3.46% Trustpilot Group (TRST) 249.00p 3.23% easyJet (EZJ) 519.40p 3.13% Fidelity Emerging Markets Limited Ptg NPV (FEML) 1,564.00p 2.35% Pan African Resources (PAF) 109.00p 2.35% Quilter (QLT) 192.50p 2.24% Raspberry PI Holdings (RPI) 908.00p 2.22% Energean (ENOG) 711.00p 2.08% JPMorgan Emerging Markets Growth & Income (JMGI) 180.80p 2.03% Man Group (EMG) 300.20p 1.97%

FTSE 250 - Fallers

Hays (HAS) 30.38p -10.17% Pagegroup (PAGE) 105.50p -7.60% WH Smith (SMWH) 391.80p -5.24% HGCapital Trust (HGT) 383.00p -4.50% Aston Martin Lagonda Global Holdings (AML) 39.38p -4.28% Workspace Group (WKP) 331.80p -3.54% Ocado Group (OCDO) 175.00p -3.53% Syncona Limited NPV (SYNC) 96.80p -3.20% QinetiQ Group (QQ.) 426.00p -2.73% Barr (A.G.) (BAG) 612.00p -2.55%

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.