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Why Novo Nordisk Stock Bumped Higher on Friday
The Motley Fool· 2025-08-02 05:26
There might be a new way for certain users to defray their costs for obesity treatments.Unexpected news of a potential support program from the federal government boosted the share prices of weight-loss drug developers on Friday. The poster boy for that still rather small group, Wegovy/Ozempic maker Novo Nordisk (NVO 2.48%), understandably saw a stock price lift that day. It rose by more than 2%, contrasting well with the 1.6% slide of the S&P 500 index.Federal help for obesity drugs?That news came from The ...