Novo Nordisk shares fell 20% after the company cut full-year sales growth guidance to 8% to 14% from 13% to 21% and appointed Maziar Mike Doustdar as CEO following the sudden ousting of Lars Fruergaard Jørgensen. The lowered outlook reflects softer growth expectations across its product portfolio. The stock partially recovered from an initial 26% intraday drop but remained sharply lower.

 

Join our Mailing list!
Sign up to get all the latest financial news and business updates.
Please fill in the form and we will get in touch with you shortly and help answer any questions you may have about Offshore Supporting services.