Novo Nordisk shares rise 5% after Wegovy obesity pill has ‘solid' launch

Shares of Novo Nordisk rose more than 5% on Friday after early prescription data showed an encouraging start to the U.S. launch of the company's new GLP-1 pill for obesity.In a Friday note, TD Cowen analysts called it a "solid start" for the first-ever weight loss pill, but said "one data point does not make a trend." They cautioned that they need to see more data to fully assess what early demand is like for the Wegovy pill, which officially launched on Jan. 5 after winning approval in late December. Still ...