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flag Novo Nordisk's stock dropped to a five-year low after its obesity drug underperformed Eli Lilly’s, despite strong financials.

flag Novo Nordisk shares fell sharply on Monday, hitting a five-year low, after its obesity drug CagriSema failed to match Eli Lilly’s tirzepatide in a key Phase 3 trial, prompting a downgrade to “hold” and triggering a sell-off. flag The stock broke below $43.50, a critical support level, signaling weakened investor confidence. flag Despite strong financial results, including $12.43 billion in revenue and a 33% net margin, the setback highlights growing competition in the weight-loss drug market.

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