Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Novo Nordisk shares surged, reversing some of last week’s plunge, after Hims & Hers Health Inc. pulled a copycat version of the new Wegovy weight-loss pill.
- Greggs shares drop as much as 6%, touching the lowest in more than two months, after Jefferies downgraded the bakery chain to hold, and cut its price target by more than a third, noting that the uptake of weight-loss drugs was a headwind to the earnings outlook.
- UniCredit SpA plans to return about €50 billion ($59 billion) to investors through 2030 as Chief Executive Officer Andrea Orcel vows to further improve profitability and capital generation over the next five years.
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