Why Novo Nordisk Stock Topped the Market on Thursday

A proposed new federal law could provide some competitive guardrails for the company's most important product.It might be best known for its weight loss drug, but Novo Nordisk (NVO +2.53%) was a gainer on the stock market Thursday. Thanks to efforts in the legislative sphere, investors were bullish on the company, and pushed into its stock to power it to a nearly 3% gain that trading session. By contrast, the S&P 500 index could only muster a 0.2% increase.Legislative effortTwo members of the U.S. House of ...