Novo Nordisk - Dun buy yet OR Just dun buy?
@JC888:
Even before pharma giant $Novo-Nordisk A/S(NVO)$ has the chance to report its quarterly earnings on 06 Aug 2025, its share has already taken a beating on Wall Street. On Thu, 31 Jul 2025, NVO fell as much as -6% at one point, making it their lowest point since August 2021. (see below) NVO stock price backed to 3 years ago The latest drop wiped out almost all profit gained since NVO released its blockbuster weight-loss drug, Wegovy. The fall comes after Trump sent letters to 17 major pharmaceutical firms on Thu, 31 Jul 2025, (NVO inclusive), demanding them to cut drug prices in the US. (see below) The 17 pharmaceutical companies that received Trump’s letter: BOLD = Top 10 pharma companies based on market capitalization. That prompted share price dec
