Cisco Rises on Unified Edge, Disney Declines, Pfizer Battles for Metsera
On this episode of Stock Movers:
- Cisco Systems (CSCO) is rising after the company unveiled a new all-in-one product called Unified Edge to help retail stores, health care facilities and factories use artificial intelligence with a single rack of equipment.
- Walt Disney Co. (DIS) is declining after it asked YouTube TV to restore the broadcast of its ABC network for Election Day. The fight over distribution fees drags on and is impacting subscribers.
- Pfizer (PFE) accused Novo Nordisk of trying to stifle competition in the weight-loss market by attempting to acquire obesity startup Metsera Inc., the second lawsuit in four days as Pfizer tries to retain its grip on a deal that Novo upended last week.
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