Why Novo Nordisk Stock Crushed the Market Today

A standout stock in the healthcare sector last year, Novo Nordisk (NVO 3.87%) isn't doing too badly so far in the embryonic days of 2024. On Thursday -- yet another gloomy day for the market when the S&P 500 index dipped by 0.3% -- the drugmaker's share price closed nearly 4% higher. Sparking that upbeat investor interest was news of a pair of research collaboration deals.A pair of research collaboration dealsOn Thursday morning, Novo Nordisk divulged that it had inked new arrangements with two U.S. biotech ...

Why Novo Nordisk Stock Crushed the Market Today - Reportify