Novo reaches share milestone, analyst credits Wegovy

Shares in Novo Nordisk have increased by more than 300% in value since 2017, far outstripping the C25 index as a whole.
Photo: Novo Nordisk / PR
Photo: Novo Nordisk / PR
by marketwire, translated by catherine brett

On Thursday, Novo Nordisk’s market value exceeded DKK 2trn (USD 283bn) for the first time ever. The company’s share price has increased by over 300% since Lars Fruergaard Jørgensen started as CEO in early 2017, while the C25 index as a whole, which includes the 25 biggest companies in Denmark, is up by 66% over the same period, Danish financial daily Børsen reports.

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