Novartis Stock Skyrockets as Company Raises Full-Year Guidance on Robust Drug Sales
Tuesday, 23 April 2024, 13:04
Novartis Stock Climbs on Strong Guidance
Swiss drugmaker Novartis experienced a significant boost in its stock value after increasing its full-year guidance. The company's blockbuster drugs delivered exceptional results, surpassing market expectations.
Key Highlights:
- Novartis stock rose by 4.8% in early trading.
- Strong performance in the first quarter drove the upward revision of the full-year guidance.
- The company's success was fueled by robust sales of its blockbuster drugs.
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