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UBS Rises, Novo Climbs, HelloFresh Plummets
Published 1 week, 3 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- UBS Group gained and Morgan Stanley fell after a report that the Swiss lender is weighing options, including potential deals with banks in other jurisdictions, as the Zurich-based bank faces the possibility of stricter capital rules at home.
- HelloFresh shares fall as much as 13% to a record low after the German food delivery firm lowered its full-year sales growth and earnings targets.
- Novo Nordisk signed a deal worth as much as €1.165 billion ($1.3 billion) with Sweden’s Nanexa AB, betting on a technology that could mean patients need only one obesity shot every few months.
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