(Alliance News) - The following stocks are the best and worst performers on Tuesday's Small-Cap in Piazza Affari.

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FTSE SMALL CAP - WINNERS

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doValue is advancing 3.1%, with nuvo price at EUR2.34 per share. Of note, Marshall Wace cut its short position on the stock to 0.55% from 0.87% a few days ago.

Newlat Food advances 2.8% to EUR8.68 per share after the presentation of its new business plan to 2030. Net income is expected to exceed EUR100 million by 2030, while already for the current year, pro-forma 2024 profit - Princes consolidated for 12 months - is expected to exceed EUR300 million due to badwill of EUR288 million. Against this extraordinary item and in view of the EUR200 million shareholder loan, group equity is expected to exceed EUR700 million.

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FTSE SMALL CAP - LOSERS

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Sogefi is giving up 4.2 percent to EUR2.87 per share. The company announced Friday that it had finalized the sale of its Filtration division to U.S. investment fund Pacific Avenue Capital Partners. The cash consideration received by Sogefi, in line with the February 23 announcement, was EUR331.2 million, determined on the basis of an enterprise value of EUR374 million and adjustments taking into account estimated net working capital and net financial position as of May 31, 2024.

Class Editori is stepping back 3.8 percent to EUR0.0996, after eve's 9 percent gain.

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By Maurizio Carta, Alliance News reporter

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