Wolves missed the chance to extend their lead at the top of the Coca-Cola Championship as they fell to a 3-1 defeat by Preston at Molineux.
Wolves had their lead cut to four points after Reading beat Watford 4-0 on Friday night but two goals from Stephen Elliot and one from Sean St Ledger condemned Mick McCarthy's men to just their second home defeat of the season.
Wolves were gifted the lead after 20 minutes when Preston goalkeeper Andy Lonergan inexplicably kicked straight to Sylvain Ebanks-Blake who ran unimpeded from just outside the area to slot under the embarrassed Preston stopper.
Preston levelled four minutes later through Elliot and then shocked the Molineux faithful by taking the lead on the stroke of half-time when St Ledger tapped in from close range after Jon Parkin's header had come back off the bar.
Parkin then had a goal disallowed before Alan Irvine's men gave themselves a two-goal cushion thanks to Elliot, who turned home a miscued Chris Sedgwick shot from close range just after the hour.
Billy Davies began life as Nottingham Forest manager with a 2-0 win over bottom side Charlton at the Valley.
Davies' side defied early pressure to race into a two-goal lead thanks to Nathan Tyson and Robert Earnshaw.
Tyson tapped home from close range after 34 minutes before Earnshaw capitalised on a poor Matthew Spring backpass to sneak in and beat Robert Elliot two minutes later.
Charlton rarely threatened in the second half and Forest held steady for the win, which moves them three more points away from the relegation zone into 20th.
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