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Why Novo Nordisk Stock Is Slipping Today
NVONovo Nordisk(NVO) The Motley Fool·2024-07-02 15:54

President Biden and Sen. Bernie Sanders warned the drugmaker against "ripping off the American people."Shares of Novo Nordisk (NVO -2.00%) were slipping 1.7% lower as of 10:57 a.m. ET on Tuesday, after falling as much as 4.4% earlier in the day. The decline came after USA Today published an opinion piece in which President Joe Biden and independent Senator Bernie Sanders of Vermont called for Novo Nordisk and Eli Lilly to reduce the prices for their diabetes and obesity drugs.In the USA Today article, Biden ...