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Novo Nordisk Trading Volume Plummets 48.2% to 143rd Rank Despite Wegovy's Teen Obesity Surge
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 3, 2025 8:16 pm ET1min read
On June 3, 2025,
(NVO) experienced a significant drop in trading volume, with a 48.2% decrease from the previous day, totaling 6.26 billion. This decline placed the company at the 143rd position in the daily stock market rankings. The stock price of Novo Nordisk (NVO) fell by 2.64%.Novo Nordisk's Wegovy, a GLP-1 drug, has seen a substantial increase in usage among U.S. teenagers. The rise in teen obesity has led to a 50% surge in prescriptions for Wegovy among adolescents in 2024. This trend highlights the growing demand for effective weight management solutions among younger demographics.
Data indicates that the average rate of adolescents starting treatment with Wegovy increased by 50% last year, reaching 14.8 prescriptions per 100,000 adolescents. This surge in usage underscores the drug's effectiveness and the increasing awareness of obesity-related health issues among teenagers.
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