Browse Category

LSE:BAB News 23 January 2026

UK stock market today: FTSE 100 slips as upbeat UK data meets rate-cut doubts; Babcock, C&C move

UK stock market today: FTSE 100 slips as upbeat UK data meets rate-cut doubts; Babcock, C&C move

London, Jan 23, 2026, 10:57 GMT — Regular session Britain’s FTSE 100 slipped on Friday, surrendering early gains after a streak of solid finishes as investors balanced stronger UK data against hints the Bank of England could hold off on rate cuts. The blue-chip index dropped 0.13% to 10,136.43, with the mid-cap FTSE 250 down 0.42% at 23,271.99. (Investors Chronicle)…

Stock Market Today

  • InnovAge Holding Corp. Stock Analysis: Strong Revenue Growth Amid Cautious Market Outlook
    January 23, 2026, 8:11 AM EST. InnovAge Holding Corp. (NASDAQ: INNV), a healthcare provider specializing in senior care, shows robust revenue growth of 15.10% but remains unprofitable with a negative EPS of -$0.12 and a return on equity of -7.76%. Trading near its 52-week high at $5.94, the stock faces a plateau with limited recent movement. Forward P/E at 19.16 implies expectations for future profit growth, yet analyst ratings lean cautious with two holds and one sell, targeting a potential 15.82% downside. Technical indicators signal the stock is nearing oversold levels, hinting at possible entry points for investors seeking long-term growth. InnovAge's reinvestment strategy focuses on expanding its PACE healthcare program across multiple states, positioning it for eventual profitability amid current market wariness.
Go toTop