Novo Nordisk Just Hit 3 Snags in a Row. Is Its Stock Still a Buy?
Novo Nordisk(NVO) The Motley Fool·2024-08-13 19:30
There's reason to believe some of its expected revenue will take longer to arrive.Surprisingly, the last couple of months have been a touch harder than anticipated for Novo Nordisk (NVO -2.68%). While it's still raking in cash from sales of its medications for type 2 diabetes and weight loss, it also hit a trio of bumps in the road. Is its stock still a buy, or is its momentum finally starting to peter out?When it rains, it poursThe company's earnings update for the first half of 2024 and a few of its recen ...