Is Novo Nordisk (NYSE:NVO) Still Attractive After Recent 27.8% One-Year Share Price Decline?
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If you are wondering whether Novo Nordisk shares still offer value, you are not alone. The stock has been closely watched by investors trying to work out if the current price makes sense.
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The share price recently closed at US$62.26, with returns of 18.8% over the last 30 days, 18.8% year to date and 90.1% over 5 years, while the last 12 months show a 27.8% decline and the last 7 days are roughly flat at a 0.1% decline.
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Recent news coverage has focused on Novo Nordisk as one of the key global pharmaceutical and biotech names, which helps frame how investors think about its growth potential and risks. That…
