Novo Nordisk Stock Plummets 18% Following Weak 2026 Forecast

#Copenhagen, #Denmark
Novo Nordisk shares plummeted 18% in Copenhagen after the company forecasted a decline in sales and profit for 2026.CEO Mike Doustdar presented the cautious outlook following a year of layoffs and price drops, despite the successful USA launch of Wegovy pills.Analysts Lars Söderfjell and Per Hansen suggest the firm is using a conservative strategy to manage market expectations while investors prioritize growth.
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