Sanofi Stock Near 52-Week Low As Leadership Shakeup Rattles Investors

Sanofi SA (NASDAQ:SNY) shares are down during Friday’s premarket session as the company faces leadership changes amid ongoing challenges in its drug pipeline.On Thursday, the French drugmaker with a market cap of around $113.6 billion closed 4.5% lower, closer to the lower end of the 52-week range of $44.62-$60.12.The stock’s decline comes as the board announced the departure of CEO Paul Hudson, who will be succeeded by Belén Garijo, adding pressure as broader markets edged lower.Sanofi CEO Transition Amid ...