Novartis shares are trading higher after the company reported better than expected Q2 FY23 earnings and raised outlook.
Portfolio Pulse from Benzinga Newsdesk
Novartis reported better than expected Q2 FY23 earnings and raised its outlook, leading to a rise in its share price.
July 18, 2023 | 8:46 am
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POSITIVE IMPACT
Novartis reported better than expected Q2 FY23 earnings and raised its outlook, which has led to a rise in its share price.
Novartis' better than expected earnings report and raised outlook indicate a strong financial performance, which is a positive signal to investors. This has led to an increase in demand for its shares, causing its share price to rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100