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Morning Movers: Lilly rises, Novo Nordisk falls following CagriSema trial data
The Fly

Morning Movers: Lilly rises, Novo Nordisk falls following CagriSema trial data

Check out this morning’s top movers from around Wall Street, compiled by The Fly.

Pick the best stocks and maximize your portfolio:


HIGHER –

  • Eli Lilly (LLY) up 7% after Novo Nordisk’s (NVO) CagriSema Phase 3 topline obesity data was reported
  • Occidental Petroleum (OXY) up 2% after Berkshire Hathaway (BRK.A, BRK.B) disclosed the purchase of an additional 8.9M shares of the company’s stock


UP AFTER EARNINGS –

  • Mission Produce (AVO) up 11%
  • FedEx (FDX) up 8%


DOWN AFTER EARNINGS –

  • Nike (NKE) down 5%


LOWER –

  • Novo Nordisk (NVO) down 20% after announcing results from REDEFINE 1, a a 68-week efficacy and safety trial investigating subcutaneous CagriSema for obesity
  • Starbucks (SBUX) down 1% after The New York Times reported a union representing Starbucks workers said baristas in Los Angeles, Seattle, and Chicago will walk off the job Friday morning and strikes will spread to hundreds of stores unless the company improved its wage offer
  • U.S. Steel (X) down 6% after issuing below-consensus Q4 guidance

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

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