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Beleaguered Novo offers relief to investors, thanks to Wegovy pill

Beleaguered Novo offers relief to investors, thanks to Wegovy pill

marketwatch.com 04.11.2026 10:41 6 views
Novo Nordisk stock jumped higher on Wednesday as the Danish drugmaker lifted its guidance on strong uptake of its weight-loss drug pill that has been launched this year.

Beleaguered Novo offers relief to investors, thanks to Wegovy pill Beleaguered Novo offers relief to investors, thanks to Wegovy pill Novo Nordisk launched a pill version of Wegovy alongside the injectable version earlier this year. Novo Nordisk stock jumped higher on Wednesday as the Danish drugmaker lifted its guidance on strong uptake of its weight-loss drug pill that was launched this year. The 102-year-old company cited “increased expectations for GLP-1 product sales” as it lifted its 2026 outlook for both sales and adjusted operating profit growth to be in a range of -2% to 2%, at constant exchange rates — both about three percentage points higher than Wall Street expectations heading into its third-quarter report.

Novo started the year warning that profits could fall between 5% and 13%. Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities.

Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Here’s why AMD’s stock is rising — and sending a confident message about the AI trade The internet is ‘dying’: AI is eating it and obliterating these business models AI’s control over the bond market is growing — even rivaling war and elections Democrats win the House and Senate.

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