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Fortune
Fortune
Nick Lichtenberg

Novo Nordisk stock trades at 4-year-low on the back of disappointing Alzheimer’s trial

Ozempic (Credit: Michael Siluk—UCG/Universal Images Group/Getty Images)

Novo Nordisk’s stock is experiencing a steep drop following major clinical setbacks and intensifying competitive pressure in the weight-loss-drug market.

U.S.-listed shares fell over 5% on Monday to a four-year low, around $45, continuing a downward spiral that has seen the company lose nearly half its value since the beginning of 2025.​

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