WPP Gains, GSK Falls, Monte Paschi Up

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- WPP gains 4.7% on new buy rating from Berenberg. Berenberg initiated coverage of WPP with a recommendation of buy. Their price target was set to 405 pence, implying a 54% increase from last price- GSK agreed to buy Nuvalent Inc. in a deal valued at $10.6 billion (7.9 billion pounds), adding a biotech firm that’s developing treatments for lung cancer as the British pharmaceutical company seeks to rebuild its oncology franchise.- Italy’s Finance Minister Giancarlo Giorgetti indicated the government won’t interfere in any battle for control of Monte Paschi saying price will determine whether Banco BPM or Intesa Sanpaolo prevail.See omnystudio.com/listener for privacy information.