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Ozempic maker crashes 30pc in a day. Investors should heed the lesson

Novo Nordisk’s plummet is a warning for backers who’ve crowded into a relatively small group of very large stocks.

When the company behind the most revolutionary diabetes and weight loss drug in history sheds a staggering $143 billion of its market value in a single day, you’re almost legally obliged to start a column with a gag.

Something about slimming down or crash diets, maybe?

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/the-big-fat-lesson-in-ozempic-maker-s-30pc-share-price-crash-20250730-p5miu5