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Stock impact report

Stock Market Today, Dec. 23: Novo Nordisk Surges After FDA Approves Oral Wegovy Weight Loss Pill [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
Novo Nordisk IPO'd in 1981 and has grown 32,156% since going public. Trading volume reached 65 million shares, coming in about 283% above its three-month average of 16 million shares. Tuesday's catalysts centered on the FDA's approval of Novo Nordisk's oral Wegovy GLP-1 pill and its broader impact on healthcare stocks, and investors are watching how quickly demand scales in U.S. self-pay channels. The S&P 500 (SNPINDEX:^GSPC) added 0.46% to close at 6,910, while the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 0.57% to finish at 23,562. Pharmaceuticals peers showed mixed moves, with Eli Lilly (NYSE:LLY) slipping 0.5% and Novartis (NYSE:NVS) gaining 1.7%, as investors weighed competitive positioning in obesity treatments. Considering Novo Nordisk is already a leader in the GLP-1 space, today's news that its once-a-day oral Wegovy pill has been approved by the FDA is a significant step in helping the company maintain its leadership position. Management today also detailed plans to la Show less Read more
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