Sleep Number Corp. experienced a stock price slump and weaker demand for its smart mattresses, leading big investor Stadium Capital Management to publicly express frustrations on Monday. The investor called for a board shakeup and changes to the CEO search process, citing concerns about a “flawed” approach.
Full Article
Why Shares in Novo Nordisk Lost Weight Today
Shares of Denmark's pharmaceutical company Novo Nordisk (NYSE: NVO) fell by 4% following the termination of its partnership with telehealth firm Hims & Hers, which Novo Nordisk accused of illegal practices and deceptive marketing. Hims & Hers CEO Andrew Dudum is preparing a response to the allegations made against the company. Explain It To Me Like I'm 5: Shares of Novo Nordisk, a big medicine company from Denmark, dropped 4% because they ended a partnership...
Read more