Novartis shares are trading lower following the spinoff of Sandoz Group.
Portfolio Pulse from Bill Haddad
Novartis shares are trading lower following the spinoff of Sandoz Group.
October 04, 2023 | 4:10 pm
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NEGATIVE IMPACT
Novartis shares are trading lower after the company spun off Sandoz Group.
The spinoff of Sandoz Group has led to a decrease in Novartis' share price. This could be due to investors' uncertainty about the company's future without Sandoz Group.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100