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Novo Nordisk (NVO) at $50: The Weight-Loss King’s Fall from Glory-Is a $70 Comeback Ahead or Just a Dead-Cat Bounce?

Novo Nordisk: From Glory to Grit — Is This the Comeback Wall Street Isn’t Seeing Coming?”

Once the undisputed king of weight-loss drugs, Novo Nordisk (NVO) now finds itself in unfamiliar territory — trading at just $50, nearly 55% below its 2024 highs. The Danish pharma giant that brought the world Ozempic and Wegovy has seen investor sentiment flip from euphoria to fear.

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