AstraZeneca Climbs, Philips Soars, Stellantis Falls
On this episode of Stock Movers:- AstraZeneca shares rise as much as 2% after the drugmaker reported revenue for the second quarter that were ahead of market expectations. JPMorgan analysts called it a “high quality” sales beat. - Philips increased its profitability outlook as the impact of the trade war was not as severe as it feared. The company now expects full-year adjusted operating earnings margin of as much as 11.8%, a 50 basis points increase from the previous outlook, according to a statement.- Stellantis shares fall as much as 3.4% after the carmaker updated its estimate…
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