Novo Nordisk stock plunges on obesity shot trial results

Novo Nordisk (NVO) is falling by over 20% in Friday’s pre-market trading after its experimental weight-loss shot CagriSema was found to help recipients lose less weight than previously forecasted in its clinical trial.

Yahoo Finance senior health reporter Anjalee Khemlani expands upon this story and compares Novo Nordisk’s stock performance with that of GLP-1 drug competitor Eli Lilly (LLY).

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.