Why Novo Nordisk Stock Is Soaring Today
Novo Nordisk(NVO) The Motley Fool·2025-02-05 19:28Shares of Novo Nordisk (NVO 4.33%) were moving higher on Wednesday. The company's stock gained 4.9% as of 1:50 p.m. ET, but gained as much as 5.8% earlier in the day. The leg up comes as the S&P 500 (^GSPC 0.26%) gained 0.2%, and the Nasdaq Composite (^IXIC -0.05%) lost 0.1% on the day.The numbersThe pharmaceutical giant and maker of Ozempic and Wegovy reported better-than-expected numbers Wednesday morning. The drugmaker delivered 25% year-over-year (YOY) revenue growth, with 2024 sales coming in at $40.5 ...