NYCB Gets $1B Lifeline, Novo Nordisk Touts Weight Loss Trial Results

Stock market update for March 7, 2024.

• New York Community Bancorp to Get More Than $1 Billion Investment (WSJ)
• Novo Nordisk shares jump 7% on promising weight loss trial results; Eli Lilly dips (CNBC)
• Victoria’s Secret shares plummet on weaker sales forecast, amid subdued apparel demand (MarketWatch)
• Hugo Boss plunges 18% on pessimistic sales outlook in worst day since 2016 (CNBC)
• Tesla is not one of the 10 largest U.S. companies for first time in 13 months (MarketWatch)

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