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Tag: Breaking News: Investing

The Ozempic effect has battered this weight loss stock, but Morgan Stanley says it’s a top pick

Posted on November 3, 2023 By Admin No Comments on The Ozempic effect has battered this weight loss stock, but Morgan Stanley says it’s a top pick
The Ozempic effect has battered this weight loss stock, but Morgan Stanley says it’s a top pick

Game-changing anti-obesity medications have posed nothing short of an existential crisis for Weight Watchers parent WW International since they arrived on the scene, but CEO Sima Sistani has been confronting this challenge head-on. Despite an 11% dive in the stock Friday, Morgan Stanley said it thinks the company “has gone through an incredible transformation over…

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