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Novartis and Boston Scientific Slide; Intel Price Hikes
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Novartis (NOVN) shares are lower as it suffered its third clinical-trial setback in a week after a treatment for a rare muscle-wasting disease failed a late-stage study.
- Boston Scientific (BSX) shares are moving on news it said that fallout from a cybersecurity incident has impacted its ability to ship its products to customers and will cause the medical devices company to miss its sales growth and earnings estimates for the year.
- Intel (INTC) is rising on a report that the company could raise computer chip prices next month.
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