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Seana Smith breaks down Friday's top stock market movers on Market Minute.
CrowdStrike (CRWD) shares are sliding following news that both the Department of Justice (DOJ) and Securities and Exchange Commission (SEC) are investigating its $32 million deal with Carahsoft to provide cybersecurity tools to the IRS.
In the healthcare sector, Hims & Hers (HIMS) stock nosedives after the FDA announced an end to shortages of weight loss medications. This news is having the opposite effect on Novo Nordisk (NVO), whose shares are surging in response.
Meanwhile, Rivian (RIVN) stock is dipping after the company provided weaker-than-expected delivery guidance, highlighting ongoing demand challenges in the electric vehicle (EV) market.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
This post was written by Angel Smith