Why Novo Nordisk Stock Crushed the Market on Monday

Why Novo Nordisk Stock Crushed the Market on Monday

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A major acquisition by its controlling shareholder pushed Novo Nordisk's (NYSE: NVO) U.S.-listed shares 4% higher on Monday. As a result of the deal, Novo Nordisk will acquire from that shareholder (Novo Holdings) three fill-finish sites currently operated by the acquisition target. The jump in…

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