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The Score: GM, Macy's, Novo Nordisk and More Stocks That Defined the Week

The article from The Wall Street Journal discusses several key stock movements and corporate events from the past week. General Motors (GM) saw its stock rise after announcing a $10 billion share buyback program and a 33% dividend increase, despite a disappointing earnings report. Macy's shares surged following a report that an investor group was planning to take the company private, although the stock later fell back after the group's offer was deemed too low. Novo Nordisk's stock climbed due to strong demand for its weight-loss drug Wegovy, which also led to a significant increase in the company's market value. Additionally, the article touches on the broader market dynamics, including reactions to economic indicators and Federal Reserve actions, with stocks like Tesla and Netflix experiencing fluctuations based on their earnings and market conditions. The piece also briefly mentions other companies like Boeing, which faced challenges with its Starliner spacecraft, affecting its stock performance.

Read the Full Wall Street Journal Article at:
[ https://www.wsj.com/finance/stocks/the-score-gm-macys-novo-nordisk-and-more-stocks-that-defined-the-week-a659f931 ]