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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: Raspberry Pi surges again; Oil shares fall

(Sharecast News) - FTSE 250 (MCX) 21,598.25 1.86% Shares in Raspberry Pi soared again, a day after a 47% surge the single board computer maker posted a higher-than-expected jump in annual earnings and sales, boosted by strong demand and favourable unit economics during the second half of the year.

Oil prices retreated, sending Ithaca Energy, Harbour Energy and Diversified Energy all lower. Wizz Air, which is sensitive to fuel price movements, gained 5%.

Defence firm Chemring jumped after FTSE 100 peer Babcock secured an interim contract to maintain support services for Britain's nuclear submarine fleet.

FTSE 250 - Risers

Raspberry PI Holdings (RPI) 503.75p 16.03% Pan African Resources (PAF) 151.00p 8.18% Playtech (PTEC) 355.50p 6.44% Chemring Group (CHG) 540.00p 6.30% Wetherspoon (J.D.) (JDW) 591.00p 5.91% Wizz Air Holdings (WIZZ) 898.00p 5.71% Trustpilot Group (TRST) 204.00p 5.70% Polar Capital Technology Trust (PCT) 505.00p 5.21% Carnival (CCL) 1,978.50p 5.07% TBC Bank Group (TBCG) 4,285.00p 5.02%

FTSE 250 - Fallers

Diversified Energy Company (DI) (DEC) 1,246.00p -11.63% Harbour Energy (HBR) 283.60p -5.40% Ithaca Energy (ITH) 245.75p -4.84% Barr (A.G.) (BAG) 626.00p -3.99% Tate & Lyle (TATE) 350.80p -3.09% Energean (ENOG) 838.50p -2.49% Trainline (TRN) 222.00p -2.20% Hays (HAS) 32.68p -1.92% Pagegroup (PAGE) 135.70p -1.67% Mony Group (MONY) 149.00p -1.07%

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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.

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