Novo Nordisk, Thor Industries, Silk Road Medical, Fresenius Medical Care, and DaVita all showed stock price movement in pre-market trading
Shares of Thor Industries Inc. THO rose 2% after the RV maker said its board authorized a 7% dividend increase to 48 cents a share.
Novo Nordisk NVO, +1.03% shares jumped 3% as the Danish drugmaker said it ended a trial early due to efficacy of its diabetes drug Ozempic against kidney disease.Shares of Silk Road Medical Inc. SILK, -0.71% dropped 39% after the medical device company’s forecast fell short of Wall Street estimates, and announced its CEO was retiring.
Shares in Fresenius Medical Care FMS, +0.92% dropped 19% and DaVita DVA, +3.14% stock fell 18% on concerns over future dialysis sales in the wake of the Novo Nordisk trial.
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Novo Nordisk stops Ozempic kidney trial after early signs of successNovo Nordisk (NOVOb.CO) said on Tuesday it will stop a trial studying Ozempic to treat kidney failure in diabetes patients ahead of schedule because it was clear from an interim analysis that the treatment would succeed.
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How Ozempic and Wegovy turned Novo Nordisk into a $400 billion companyHow Ozempic and Wegovy turned Novo Nordisk into a $400 billion company
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