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HIMS Crashes On Novo GLP-1 Fallout: Buy The Dip Or Bail?
Tuesday, June 24, 2025 - 1:30pm | 752Telehealth darling Hims & Hers Health Inc (NYSE:HIMS) got slapped with a 34% stock crash on Monday. Novo Nordisk A/S (NYSE:NVO) ended their relationship – and it wasn't amicable. But is the plunge a chance to swipe right on the dip, or should investors ghost the stock altogether? The high...
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Zepbound Put Eli Lilly On Top — Now Its Next Big Move Could Supercharge The Stock
Friday, June 13, 2025 - 10:47am | 479Eli Lilly & Co. (NYSE:LLY) may be down over 8% in the past month and nearly 5% over the past five days, but JPMorgan analyst Chris Schott isn't backing off. In fact, he's doubling down. Zepbound's Momentum Keeps Eli Lilly In The Lead With Zepbound continuing to dominate the GLP-1 obesity...
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McDonald's Just Got Hammered By Weight-Loss Drugs — Twice
Wednesday, June 11, 2025 - 12:13pm | 662Weight-loss drugs are suppressing appetites for millions of Americans, threatening to upend dining habits at fast-food chains and casting a shadow over the restaurant industry’s long-term growth. The stark warning came from Redburn Atlantic, which on Tuesday issued a rare double downgrade on...
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Veru's Enobosarm Shows Muscle In Wegovy Combo Trial
Wednesday, May 28, 2025 - 12:11pm | 501Penny stock Veru Inc. (NASDAQ:VERU) on Wednesday released topline safety results from the Phase 2b QUALITY study of enobosarm 3mg, enobosarm 6mg, or placebo to enhance fat loss and prevent muscle loss in patients over 60 years receiving Novo Nordisk A/S’ (NYSE:NVO) Wegovy (semaglutide)...
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Weight Loss Drugs Soar While Global Obesity Rates Climb, To Hit 50% Of Adults By 2050 Says New Report
Thursday, March 6, 2025 - 7:59pm | 608Weight loss drugs have taken the world by storm and saw strong demand for the companies selling them. A new study shows that despite the increase usage of weight loss drugs, obesity is still on the rise and could hit staggering numbers in the next 25 years. What Happened: The public support of...
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Viking Therapeutics, Structure Therapeutics Positioned As Key Pharma Partners For Weight Loss Products: Analyst
Monday, January 6, 2025 - 3:53pm | 676JPMorgan has reset the valuation for Viking Therapeutics Inc. (NASDAQ:VKTX) and Structure Therapeutics Inc. (NASDAQ:GPCR). Analyst Hardik Parikh cites several reasons for recovery, including pathways for strategic partnership with pharma, some clinical trial data points and additional clarity on...
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Musk Tests Mounjaro, Ozempic, Wegovy: Which Weight-Loss Drug Won Him Over?
Thursday, December 26, 2024 - 3:25pm | 681An endorsement of a weight-loss drug by world's richest man Elon Musk could prove beneficial in the battle between two health care companies seeing revenue growth and soaring stock prices as interest in weight-loss drugs grows. What Happened: A post from Musk on Christmas shared his latest take on...
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Weight Loss Drug Wars Heat Up: Amgen Challenges Eli Lilly, Novo's Dominance
Tuesday, December 3, 2024 - 10:16am | 534The battle for the multibillion-dollar obesity market just got fiercer. Amgen Inc's (NASDAQ:AMGN) new drug candidate, MariTide, reported promising results, helping patients shed around 20% of their body weight. But when up against the current titans — Eli Lilly And Co (NYSE:LLY) and Novo Nordisk A/...
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Viking Therapeutics Stock On Brink Of Death Cross As Weight Loss Hype Loses Momentum
Friday, November 29, 2024 - 9:42am | 569Viking Therapeutics Inc. (NASDAQ:VKTX) is nearing a pivotal moment as its stock hovers just above a potential death cross. This ominous technical pattern, where the 50-day moving average moves below the 200-day moving average, is often seen as a bearish signal. While not confirmed yet, the...
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Hims & Hers Health Stock Is Trading Lower Wednesday: Here's Why
Wednesday, October 30, 2024 - 4:20pm | 414Hims & Hers Health Inc. (NYSE:HIMS) shares fell Wednesday following an FDA update listing Novo Nordisk’s (NYSE:NVO) diabetes drug Ozempic and weight-loss drug Wegovy as available, signaling possible supply stability. Here’s what you need to know. What Happened: A report from the FDA...
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Eli Lilly Q3 Earnings On Deck: Stock Split Rumors Heat Up With Weight Loss Gains (CORRECTED)
Tuesday, October 29, 2024 - 12:43pm | 686Editor’s note: This story has been updated to clarify that Eli Lilly is set to report earnings premarket Wednesday. Eli Lilly and Co (NYSE:LLY) will be reporting its third-quarter earnings on Wednesday. Wall Street expects $1.45 in EPS and $12.1 billion in revenues when the company reports...
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Viking Therapeutics Stock Up 240% YTD: Can Q3 Earnings, Weight-Loss Drug Drive Further Gains?
Tuesday, October 22, 2024 - 12:14pm | 690Viking Therapeutics Inc. (NASDAQ:VKTX) is set to report its third-quarter earnings on Wednesday, after the market closes. The anticipation is palpable, especially as the stock has skyrocketed almost 240% year-to-date, largely due to excitement surrounding its weight-loss drug candidate, VK2735. As...
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Criminal Networks Cash In On Demand For Weight Loss Drugs, Authorities Say
Friday, October 11, 2024 - 11:36am | 604The shortage of drugs like Novo Nordisk A/S' (NYSE:NVO) Ozempic, Wegovy, and Eli Lilly And Co's (NYSE:LLY) Mounjaro and Zepbound have fueled an illicit market of counterfeit and diverted weight loss drugs, revealing an international issue that poses significant health risks. Last week, the FDA...
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Eli Lilly Stock Soars In 2024 On Weight Loss Drug Success, Now The Company Wants Medical Records Of Copycat Treatments
Wednesday, September 25, 2024 - 6:01pm | 542Eli Lilly And Co (NYSE:LLY) is one of several companies benefitting from demand for weight loss drugs. The company is also seeing competition in the market including knockoff drugs that it said could be unsafe. What Happened: A recent report says Eli Lilly is seeking medical records of people who...
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Fake Ozempic Targets Weight-Loss Market: Forged Batches An International Concern
Thursday, September 5, 2024 - 1:17pm | 548Criminals are distributing fake versions of the weight-loss drug Ozempic by forging the drug batch numbers pharmaceutical companies use to authenticate drugs and track them in a specified country. They obtain batch numbers illicitly through a liaison who works at a drugmaker factory or by buying...