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BTCC / BTCC Square / Global Cryptocurrency /
Novo Nordisk Stock Plummets Amid Earnings Disappointment and Guidance Cut

Novo Nordisk Stock Plummets Amid Earnings Disappointment and Guidance Cut

Author:
Global Cryptocurrency
Published:
2025-07-31 04:11:01
19
1
BTCCSquare news:

Novo Nordisk shares tumbled 7.2% following a weaker-than-expected earnings report and downward revision of full-year sales and operating profit targets. The pharmaceutical giant's GLP-1 drugs, Wegovy and Ozempic, face mounting pressure from compounders offering tailor-made alternatives.

Wall Street analysts delivered downgrades, shifting ratings to "equal-weight" and "neutral" as skepticism grows over management's optimistic outlook. While near-term challenges persist, the long-term investment thesis remains intact for patient capital.

|Square

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