Feb. 18 at 2:49 PM
$NVO's Wegovy gets EC nod for higher dose — but is it enough to boost the stock?
NVO shares down 9.9% in six months, lagging the industry’s 27.4% growth
New 7.2 mg Wegovy dose shows promising weight loss results, yet the stock carries a Zacks Rank #5 (Strong Sell)
Some better-ranked stocks are
$HRMY,
$ALKS, and
$CSTL. Opportunity or risk? Full analysis here 👉 https://www.zacks.com/stock/news/2871232/eu-approves-novo-nordisks-higher-dose-wegovy-for-obesity-patients?cid=sm-stocktwits-2-2871232-body-33960&ADID=SYND_STOCKTWITS_TWEET_2_2871232_BODY_33960