NVO - Novo Nordisk Stock Stalls On Oprah TV Special But Reddit Traders Believe It's 'Not Done Yet' | Benzinga
Retail investors are talking about a slim group of topics on Reddit this week including Novo Nordisk A/S (NYSE:NVO), weight-loss drug Ozempic and talk show host Oprah Winfrey.
What Retail Is Saying: Retail investors in subreddit r/StockMarket are pointing to the connection between Novo Nordisk’s stock gains of more than 85% over the past year and the rise in popularity of the weight-loss drugs Ozempic and Wegovy.
"It was just brought to my attention that the Ozempic (Novo Nordisk A/S) stock went completely insane over the past few years being that it's an extremely popular/trendy weight loss drug," posted u/huckleberryhouuund.
Weight-loss drugs, including Ozempic and Wegovy, gained popularity among celebrities and are becoming more widely used by the general public. Winfrey hosted a prime-time television special ...