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French prosecutors investigating Sanofi over possible market manipulation - TL;DR CNBC

French prosecutors investigating Sanofi over possible market manipulation

Publishing timestamp: 2023-11-07 09:12:30


Summary

The Parquet National Financier, French financial prosecutor, has opened a preliminary investigation into Sanofi over possible market manipulation. Sanofi denies any knowledge of the investigation and stands by the accuracy of its financial accounts. The pharmaceutical giant recently reduced its forecasts for 2024/5, leading to a sharp decline in its share price.


Sentiment: NEUTRAL

Tickers: SAN-FR

Keywords: marketssanofi sabreaking news: marketsbiotech and pharmaceuticalsinvestment strategybusiness newsbreaking news: investing

Source: https://www.cnbc.com/2023/11/07/french-prosecutors-probing-sanofi-over-possible-market-manipulation.html


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