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Novo shares drop over 10% pre-market after CagriSema Phase 3 miss
short by / on Monday, 23 February, 2026
Novo Nordisk shares plunged over 10% pre-market after its CagriSema drug failed to meet the primary endpoint in a phase 3 trial. Despite demonstrating 23% weight loss, the results disappointed investors. The news sent retail sentiment on Stocktwits to "extremely bearish" territory, marking a significant setback for the obesity treatment.
read more at Stocktwits