Investment
Features
FeesSafety
Academy
More
Pluang+

Novo Nordisk open to direct NYSE listing, CEO says, but no active plans yet

Market News
23 Sep 2026
Proactive Investors
View Source
Neutral
Novo Nordisk open to direct NYSE listing, CEO says, but no active plans yet

Novo Nordisk's CEO Mike Doustdar said the Danish pharma company is open to a direct listing on the New York Stock Exchange, which would replace its current American depositary receipt (ADR) structure. However, the company is not actively pursuing this change now, keeping it as a future option. The move would allow US investors to buy shares directly on the NYSE rather than through ADRs. Shares dropped over 2% following the announcement, while Novo Nordisk also outlined plans to diversify and expand its drug pipeline by 2030.

Novo Nordisk shares are trading at USD 38.28 on Pluang as of Sep 24, 2026 01:03 WIB, down 2.84% in the last day. The stock's market cap stands at $175.28 billion, reflecting its significant size in the health sector. On Pluang, 89% of order activity is buying, indicating strong investor interest despite recent price declines.

More News (NVO)

Viking Therapeutics jumps 26.5% on strong GLP-1 obesity drug data, while peers show little reaction.

Viking Therapeutics jumps 26.5% on strong GLP-1 obesity drug data, while peers show little reaction.

Viking Therapeutics surged 26.5% after releasing positive topline results from its GLP-1/GIP agonist VK2735 maintenance dosing study in adults with obesity. The data suggest multiple effective maintenance dosing schedules, potentially improving patie...

Market News
Bullish
1 day ago
Novo Nordisk's investor day fails to impress, shares dip amid cautious outlook post-obesity drug patents.

Novo Nordisk's investor day fails to impress, shares dip amid cautious outlook post-obesity drug patents.

Novo Nordisk held its investor day in London, outlining its strategy for growth after its key obesity drugs lose patent protection. Despite plans for multiple new blockbusters and expansion into heart and liver disease treatments, analysts were unimp...

Market News
Bearish
1 day ago
Novo Nordisk explores M&A to boost its weight-loss drug lineup amid rising competition

Novo Nordisk explores M&A to boost its weight-loss drug lineup amid rising competition

Novo Nordisk CEO Mike Doustdar revealed the company is actively considering mergers and acquisitions to strengthen its position in the competitive weight-loss drug market. He emphasized the company's interest in acquiring or partnering with firms tha...

Company Fundamentals
Bullish
1 day ago
Biotech stocks and leveraged ETFs lead market declines amid volatile trading and clinical news.

Biotech stocks and leveraged ETFs lead market declines amid volatile trading and clinical news.

Biotech stocks and leveraged ETFs were the biggest losers in the market, with Cue Biopharma dropping 23.7% despite positive Phase 2 clinical results. Leveraged ETFs tied to AMD, Strategy, and Novo Nordisk also saw sharp declines due to their daily-re...

Market News
Bearish
2 days ago
Novo Nordisk shares drop 7% as new targets fail to ease weight-loss drug market concerns

Novo Nordisk shares drop 7% as new targets fail to ease weight-loss drug market concerns

Novo Nordisk's shares fell over 7% after the company announced long-term targets that failed to reassure investors about competition in the weight-loss drug market. The Danish drugmaker plans to launch multiple blockbuster drugs by 2030 and aims for ...

Market News
Bearish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App