Novo Nordisk Down, GSK Departure, Lufthansa Up
On this episode of Stock Movers:
- Novo Nordisk fell as Morgan Stanley downgraded its rating to underweight on weaker prescription momentum for the firm’s weight-loss drugs.
- GSK CEO Emma Walmsley is stepping down after almost nine years with chief commercial officer Luke Miels taking over on January 1st.
- Lufthansa gained after the airline outlined new financial goals, including plans to cut 4,000 administrative jobs by 2030.
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