Diageo Gains, Novo Rises, Siemens Energy Up
On this episode of Stock Movers:
- Diageo named Dave Lewis, the former head of supermarket chain Tesco, as its new CEO as the maker of Guinness stout and Johnnie Walker seeks to reboot after a period of turmoil.
- Novo Nordisk shares rose after the Danish drug-maker withdrew from a $10 billion takeover battle for obesity drug developer Metsera, clearing the way for Pfizer.
- Siemens Energy shares continue to look undervalued, despite more than doubling since the start of the year, Jefferies writes in note as upgrades to buy from hold.
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