NVO Weight Loss Drug Disappoints, RDFN Acquisition, Airline Price Targets Slashed
Schwab Network · Schwab Network
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Show Notes
Market weakness continued this morning, including in international companies like Novo Nordisk (NVO). Its next-gen weight loss drug trial results weren't enough to draw investors in. American Airlines (AAL), United Airlines (UAL) and Delta Airlines (DAL) all got price target cuts from Bernstein. One major rally was seen in Redfin (RDFN) with Rocket Companies looking to acquire the real estate small cap. Diane King Hall has more on the morning's biggest movers.
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