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Pharma giants NVO and LLY stock prices slammed lower after hours - Trump comments weighing

Pharma giants NVO and LLY stock prices slammed lower after hours - Trump comments weighing

Stock market update
Eamonn Sheridan
3 hours ago
  • Novo Nordisk and Eli Lilly shares dropped 3%+ in after-hours trading Thursday
Why is PLTR down today?
Why is PLTR down today?

Trump spoke about price reductions on weight loss drugs:

Following up now, noting the share price falls for the two pharma giants.

  • Trump specifically mentioned Ozempic, calling it "the fat loss drug" ... on prices for the drug he said "They’ll be much lower. They’ll be much lower", adding prices would "come down pretty fast"
  • no specific timeline was provided

Novo Nordisk makes Ozempic and Wegovy

  • Eli Lilly, Mounjaro and Zepbound

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