Previous close | 39.84 |
Open | 39.84 |
Bid | 35.00 |
Ask | 40.70 |
Strike | 580.00 |
Expiry date | 2026-12-18 |
Day's range | 39.84 - 39.84 |
Contract range | N/A |
Volume | |
Open interest | 23 |
Alphabet (GOOG, GOOGL) has announced that Anat Ashkenazi, the current Eli Lilly (LLY) CFO, will become the company's new CFO. Bank of America Securities senior internet technology analyst Justin Post joins Catalysts to discuss the move and what the leadership shake-up could mean for the tech giant's future. "There's some uncertainty. It's taken longer than people expected to get a CFO," Post explains. He adds that Ashkenazi is joining Alphabet during a "good cost trajectory," beating earnings expectations last quarter and executing small layoffs. "The cost focus is already at Google at this point, which we think is a positive for the stock," he says. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Google-parent Alphabet announced that its new chief financial officer will be Anat Ashkenazi, currently an executive at pharmaceutical company Eli Lilly.
Madrigal stock plummeted Wednesday on detailed results from a study of Eli Lilly's weight-loss drug in patients with a serious liver disease.