Why Novo Nordisk Stock Topped the Market on Thursday

It might be best known for its weight loss drug, but Novo Nordisk (NYSE: NVO) was a gainer on the stock market Thursday. Thanks to efforts in the legislative sphere, investors were bullish on the company, and pushed into its stock to power it to a nearly 3% gain that trading session. By contrast, the S&P 500 index could only muster a 0.2% increase.Two members of the U.S. House of Representatives, Republican Rudy Yakym and Democrat Andre Carson (both of Indiana), have introduced a bill that would impose significant limitations on the making of Food and Drug Administration (FDA)-approved drugs by compounding pharmacies (i.e., those that can produce custom medicines). Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool