AutoZone Shares Slide; Ferrari Falls; Lilly to Buy Three Vaccine Developers
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- AutoZone (AZO) shares fall after the retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street’s expectations.
- Ferrari (RACE IM) shares fell almost 8% after critics panned the look of its first fully electric vehicle, a setback for the Italian super-car maker’s controversial push into EVs.
- Eli Lilly (LLY) agreed to buy three vaccine developers for as much as $3.8 billion, marking the drugmaker’s re-entry into the infectious disease space.
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