What do you think of today's 20% drop in $NVOstock ?

Skupnost

· Dec 20

What do you think of today's 20% drop in $NVOstock ? Will you buy?

Novo Nordisk's shares fell sharply today following news that the weight-loss drug CagriSema achieved lower than expected efficacy in trials. I don't have $NVOstock in my portfolio, but I want to focus on this company now.

Nigel Thornton @_thornton Dec 22

The company is doing well, but I wouldn't buy the stock as it's a pretty volatile and choppy business. You can see it just on this news alone that one drug will fail and the stock will plummet 20%. I think that's terrible.

Bill Combs @billcombs Jan 4

It's certainly volatile, but it makes for an interesting opportunity right now.

Trevor Mills @trev_mills Dec 21

I'm just watching the stock for now, but I'll probably buy soon. The numbers are great and the valuation is pretty low right now.

Bill Combs @billcombs Jan 4

Agreed, the numbers are great and I'll probably buy some too.

Malcolm Stokes @stokes_malky Dec 20

I've already made my purchase today. I had this stock on my watchlist and was just waiting for a better price, so I opened a position today.

Trevor Mills @trev_mills Dec 21

How big a position were you setting up?

⌘ K

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