Novo Nordisk(US:NVO) Prnewswire·2025-08-18 17:36Core Viewpoint - Berger Montague PC is investigating claims against Novo Nordisk A/S following a class action lawsuit related to the company's lowered sales and profit guidance for the second half of fiscal 2025 [1][3]. Company Summary - Novo Nordisk A/S, a global pharmaceutical company based in Denmark, has faced a significant stock price decline after announcing a reduction in sales and profit expectations due to various market challenges [1][3]. - The company cited persistent use of compounded GLP-1s, slower-than-expected market expansion, and increased competition for its products Wegovy® and Ozempic® as reasons for the guidance cut [3]. Stock Performance - Following the announcement on July 29, 2025, Novo's stock price fell from $69.00 to $53.94 per share, marking a one-day decline of over 21% [3]. Investor Information - Investors who purchased Novo securities between May 7, 2025, and July 28, 2025, have until September 30, 2025, to seek appointment as lead plaintiff representative in the class action [2].