FTSE 250 movers: Darktrace tumbles; Hochschild shines

London’s FTSE 250 was down 0.2% at 20,968.83 in afternoon trade on Wednesday.

Cybersecurity firm Darktrace tumbled, reversing earlier gains despite increasing its annual revenue guidance after adding 359 net new customers in the third quarter.

Dr Martens was also under the cosh after Barclays slashed its price target on the shares to 360p from 480p.

Gold miner Hochschild was the standout gainer as gold prices ticked higher.

Oxford Instruments also rallied after saying it now expects full-year revenues and adjusted operating profit to be "marginally ahead" of internal expectations, despite supply chain disruption and cost inflation.

FTSE 250 - Risers

Hochschild Mining (HOC) 147.30p 6.35%
Oxford Instruments (OXIG) 2,170.00p 4.58%
Baltic Classifieds Group (BCG) 164.20p 4.06%
PZ Cussons (PZC) 208.50p 3.99%
Harbour Energy (HBR) 517.80p 3.85%
Watches of Switzerland Group (WOSG) 1,109.00p 3.45%
Carnival (CCL) 1,345.50p 3.22%
TUI AG Reg Shs (DI) (TUI) 233.20p 3.00%
Syncona Limited NPV (SYNC) 171.80p 2.26%
Serco Group (SRP) 151.10p 2.03%

FTSE 250 - Fallers

Darktrace (DARK) 401.30p -11.31%
Dr. Martens (DOCS) 225.00p -6.17%
Pagegroup (PAGE) 459.40p -4.77%
Trustpilot Group (TRST) 146.70p -4.18%
Mitchells & Butlers (MAB) 234.20p -3.54%
Pets at Home Group (PETS) 316.80p -3.53%
Marks & Spencer Group (MKS) 148.75p -3.00%
Liontrust Asset Management (LIO) 1,248.00p -2.80%
Ferrexpo (FXPO) 184.30p -2.80%
Coats Group (COA) 71.90p -2.71%