Ferrari Falls After Disappointing Reviews; Eli Lilly to Buy Three Vaccine Companies; Uber Proposes Delivery Hero Takeover
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Ferrari (RACE IM) shares fell after critics panned the look of its first fully electric vehicle, a setback for the Italian supercar maker’s controversial push into EVs.
- Eli Lilly (LLY) agreed to acquire Curevo, LimmaTech Biologics and Vaccine Company for a combined total of up to $3.83 billion in cash, according to a statement.
- Uber Technologies (UBER) has offered to take over Delivery Hero SE in a deal that would value the German delivery company at about $11.6 billion as it seeks to ramp up competition with DoorDash Inc. outside the US.
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