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Why Novo Nordisk Stock Popped Today

TheMotleyFool

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Viking Therapeutics (NASDAQ: VKTX) stock collapsed in morning trading Tuesday, down more than 40% after reporting mixed results for its GLP-1 weight loss pill VK2735. As Viking shares plummet, however, one rival is having a better day.

Novo Nordisk (NYSE: NVO) stock is up 2.2% through 10:30 a.m. ET on Viking's bad news.

Image source: Getty Images.

Source Fool.com