UK's Synthomer slips as short-term investors trim positions

By Reuters News

** Shares of polymer maker Synthomer SYNTS.L tumble as much as 7.6% to 104.6p

** Share weakness reflects "travel and arrive" after a 20% MTD rally ahead of results, with short-term investors trimming positions amid no further upgrade or new asset disposal announcement, says brokerage Peel Hunt

** Brokerage also cites broader weakness across European industrial stocks

** Co reports Q3 performance in line with previously upgraded expectations; confident of delivering FY2026 outlook

** YTD, stock is up ~75%

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