Novo Nordisk Drops, Berkeley Falls

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Novo Nordisk shares fall as much as 2% on Tradegate after the obesity drug giant was downgraded at Morgan Stanley. Analysts believe its valuation does not reflect “subdued” mid-term growth prospects.
- UK homebuilder Berkeley Group called for urgent stamp duty reforms to help achieve the government’s housing goals and warned that the impact of the ongoing Iran war has been longer than expected.

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