This outperformance of NVO stock can be attributed to a ramp up in sales of its obesity drugs. NovoNordisk is based out of Denmark. Notably, Denmark’s interest rates are lower than those in the ...
NovoNordisk (NVO) reported its newest GLP-1 product, CagriSema, provides an average of 22.7% weight loss, but that wasn't enough to convince investors, sparking a sell-off of the stock.