Novo Nordisk Beat Expectations in Q4 and a Huge Catalyst Could Be Coming Soon
In the GLP-1 weight loss market, it's largely been a two-horse race between Eli Lilly and Novo Nordisk (NVO -3.62%). The two companies have approved weight loss drugs that are generating billions in revenue, and there's still much more growth on the horizon. Over the past 12 months, however, it's been Eli Lilly that has been the far better buy, rising more than 17%, while Novo Nordisk's stock has fallen by over 30%.But investors shouldn't read too much into this performance as Novo Nordisk just posted a sol ...