If You Had Invested $10,000 in Novo Nordisk in 2018, This Is How Much You Would Have Today
Novo Nordisk (NYSE: NVO) has become one of the hottest names in healthcare. Its diabetes medication Ozempic has become a household name and a trending topic on social media. People have been using the drug to help lose weight, and they are achieving incredible results. It has been so disruptive it even has businesses in other industries, like snacking, having to answer questions about the possible implications Ozempic may have on their operations and growth prospects.
Understandably, this has made Novo Nordisk stock incredibly popular with investors. This year alone, its shares are up over 40%. How large would your gains be if you had invested in the stock five years ago, before Ozempic became a game changer for the business?
On the first trading day of December 2018, you could have bought Novo Nordisk stock for about $46. If you had invested $10,000 into the stock back then, you would have acquired approximately 217 shares.
Source Fool.com
