Novo Nordisk shares are trading higher. The stock may be up after Eli Lily on Thursday raised its guidance, primarily driven by the performance of Mounjaro and Zepbound.
Portfolio Pulse from Benzinga Newsdesk
Novo Nordisk shares are trading higher, likely due to Eli Lilly raising its guidance driven by the performance of Mounjaro and Zepbound.
August 09, 2024 | 2:00 pm
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Novo Nordisk shares are trading higher, likely influenced by Eli Lilly's raised guidance driven by the performance of Mounjaro and Zepbound.
Eli Lilly's raised guidance, driven by the strong performance of its drugs Mounjaro and Zepbound, has likely created positive sentiment in the pharmaceutical sector, benefiting Novo Nordisk's stock price.
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