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Wajeeh Khan

Should You Buy the Pop in Novo Nordisk Stock?

Novo Nordisk NVO TD Cowen

Novo Nordisk (NVO) shares rallied more than 6% today after the Food and Drug Administration (FDA) approved Wegovy for treating metabolic dysfunction-associated steatohepatitis (MASH).  

Investors are cheering NVO shares also because the pharma giant said cash-paying U.S. customers can now access its blockbuster diabetes drug, Ozempic, at a massive discount ($499 per month). 

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