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Why Novo Nordisk Stock Dropped on Monday, but Eli Lilly and Him & Hers Health Popped

The Motley Fool
Summary
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66% Informative

Novo Nordisk's stock slipped 1.7% through 12:10 a.m. ET Monday on a pair of news items with which investors seem less than thrilled.

In contrast, Eli Lilly ( NYSE : LLY ) and Hims & Hers Health both jumped on today 's news.

Novo is spending $2 billion to license an entirely different GLP-1 drug from China .

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There may not be another chance like this anytime soon anytime soon.

You can invest $ 1,000 when we doubled down in 2009 , you’d have $ 305,226 ! - Nvidia.

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English

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42

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