Novo Nordisk falls on Trump threat to lower Ozempic prices and other morning movers- MarketWatch
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Here are some of the stocks making notable moves inFriday's premarket action: U.S. listed shares of Novo Nordiskfell over 4% after President Donald Trump said Thursday thathe would be pushing down the cost of Ozempic, which the Danish company makes. Shares of rival weight-loss drug makerEli Lillyfell by a similar amount. Oracle stockfell over 2% erasing part of gains seen Thursday afterthe software giant raised guidance and shared positive business developments. Truist sharesrose over 2% after the Charlotte, N.C., bank reported higher third-quarter profit and revenue. Zions Bancorp stockrose 1% following a 13% drop on Thursday when the regional lender revealed thatit would include a loan-loss provision of $60 million in its third-quarter earnings due this month.The news triggered losses across regional bank stocks and weighed on major indexes.