Novo Nordisk stock plunges on obesity shot trial results

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#novonordisk #weightloss #yahoofinance

Novo Nordisk (NVO) is falling by over 20% in Friday's pre-market trading after its experimental weight-loss shot CagriSema was found to help recipients lose less weight than previously forecasted in its clinical trial.
Yahoo Finance senior health reporter Anjalee Khemlani expands upon this story and compares Novo Nordisk's stock performance with that of GLP-1 drug competitor Eli Lilly (LLY).
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Luke Carberry Mogan.

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For new investors: Buy stocks in solid companies and hold them as long as they stay strong. Ignore forecasts and market opinions—they’re distracting at best and useless in the long run

jenniferwatleyj
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The sell off is stupid and great opportunity to buy . The results of the study is good. Basically this new drug has better results than Lilly’s zepbound. Furthermore it showed 22% weight loss in lesser weeks vs zepbound. This a great opportunity to buy this stock.

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