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-0.000398129592518486 0 -0.000400801603206428 0.000400801603206428 -0.000801603206412856 -0.000935203740815062 -0.00173680694722792 0.00146960587842351
Stock impact report

Novo Nordisk Shares Sink 21% as Obesity Shot Trails Lilly Rival [Yahoo! Finance]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Novo Nordisk ( NYSE:NVO ) has now surrendered the last of the gains that followed the 2021 US approval of Wegovy, marking a decisive turn in what had been one of Europe's most powerful pharmaceutical rallies. After a week in which the shares fell 21%, the stock is on track for its steepest weekly drop since August, surpassing the more than 20% slide earlier this month that came after a dire sales forecast. The reversal effectively erases a roughly fivefold surge built over several years, compressing in less than two years what had once propelled Novo to become briefly Europe's most valuable company and placing renewed pressure on Chief Executive Officer Mike Doustdar to consider broadening the company's focus beyond diabetes and obesity. Warning! GuruFocus has detected 2 Warning Sign with NVO. Is NVO fairly valued? Test your thesis with our free DCF calculator. The immediate catalyst was new data for Novo's next-generation obesity shot Show less Read more
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