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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: Wizz Air soars; Marshalls tanks

(Sharecast News) - FTSE 250 (MCX) 22,038.53 -0.53%

Close Brothers rose as it sold its Winterflood execution services and securities business to Marex Group for £103.9m in cash as it slims down its portfolios to focus on the group's core lending activities.

Wizz Air flew higher after an upgrade to 'overweight' from 'equalweight' by Barclays, while Softcat rallied after an upgrade to 'buy' from 'hold' at Panmure Liberum.

On the downside, Marshalls tumbled as it warned on profits following a weaker-than-expected performance from its landscaping products business. Building supplier Travis Perkins fell on the sentiment.

Jupiter Fund Management slumped despite reporting better-than-expected underlying first-half pre-tax profit and improved flows.

FTSE 250 - Risers

Wizz Air Holdings (WIZZ) 1,178.00p 9.68% Close Brothers Group (CBG) 438.00p 6.47% Hays (HAS) 66.55p 2.31% Softcat (SCT) 1,646.00p 2.30% Dr. Martens (DOCS) 84.40p 2.18% NCC Group (NCC) 149.20p 1.77% Pagegroup (PAGE) 284.00p 1.50% Diversified Energy Company (DEC) 1,116.00p 1.27% Me Group International (MEGP) 221.00p 1.14% Baillie Gifford US Growth Trust (USA) 266.00p 1.14%

FTSE 250 - Fallers

Marshalls (MSLH) 207.50p -21.40% Jupiter Fund Management (JUP) 128.80p -4.73% JTC (JTC) 830.00p -4.38% Travis Perkins (TPK) 556.00p -3.72% Genuit Group (GEN) 391.00p -3.58% Vesuvius (VSVS) 353.60p -3.49% Just Group (JUST) 126.80p -3.35% Future (FUTR) 746.50p -2.74% ITV (ITV) 85.40p -2.73% Wetherspoon (J.D.) (JDW) 786.00p -2.24%

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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.