Thursday, December 5, 2024

Divi's Lab stock slips on US supply worries

"While the exact revenue from Entresto-related supplies is undisclosed, it contributes a meaningful share to the overall business. However, before the rejection by the US Appellate, the management of Divis had claimed that there won't be any material impact of this news on the company," T Manish, research analyst at Samco Securities.

from Economic Times https://ift.tt/wSk7oeJ

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...