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Barchart
Larry Ramer

Novo Nordisk Just Announced Wegovy Subscriptions. Does That Make NVO Stock a Buy?

Novo Nordisk Novo Wegovy NVO FDA Eli Lilly Hims & Hers’

Novo Nordisk (NVO) has multiple positive catalysts on the horzon, including its recent decision to offer subscriptions to Wegovy, its popular GLP-1 weight-loss drug. Still, given a forthcoming — and potentially huge — negative catalyst facing the company, investors may want to refrain from buying NVO stock for now.

What's going on with Novo Nordisk? Let's take a closer look.

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