On this episode of Stock Movers:
- Shares of European drugmakers dropped to a two and a half-year low after US President Donald Trump said the US was planning to announce “a major tariff on pharmaceuticals” soon. AstraZeneca, Novo Nordisk, Roche, Novartis are all down.
- The Stoxx Europe 600 Index sank 2.3% at 9:02 a.m. in London, with every sector declining. One of the few bright spots was BAE Systems, one of less than 10 companies in the green.
- ITV shares drop as much as 8.3%, hitting their lowest level since November, after the UK broadcaster was downgraded to sell by UBS amid an expected decline in ad revenue and concern around streaming.

On this episode of Stock Movers: - Shares of European drugmakers dropped to a two and a half-year low after US President Donald Trump said the US was planning to announce &ldquo;a major tariff on pharmaceuticals&rdquo; soon. AstraZeneca, Novo Nordisk, Roche, Novartis are all down. - The Stoxx Europe 600 Index sank 2.3% at 9:02 a.m. in London, with every sector declining. One of the few bright spots was BAE Systems, one of less than 10 companies in the green. - ITV shares drop as much as 8.3%, hitting their lowest level since November, after the UK broadcaster was downgraded to sell by UBS amid an expected decline in ad revenue and concern around streaming.

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Stock Movers

Pharma Hit Hard in Selloff, BAE Up, ITV Down

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a1e09d23-405e-4f1e-a509-b2ba0089744a/transcript

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