Novo Nordisk (NVO) Stock: Company Slashes 9,000 Jobs as Profit Forecast Drops

TLDR Novo Nordisk reduces 2025 operating profit growth forecast to 4-7% from previous 4-10% projection Company announces 9,000 job cuts globally with 5,000 positions eliminated in Denmark Q3 operating profit declined 30% to DKK 23.7 billion, below analyst expectations Wegovy quarterly sales reached DKK 20.4 billion but missed DKK 20.9 billion analyst target NVO shares [...]

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