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NVO Plunges 20% After Cutting Outlook, SOFI Rallies 10% After Earnings

NVO Plunges 20% After Cutting Outlook, SOFI Rallies 10% After Earnings

Schwab Network · Schwab Network

July 29, 20258m 19s

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Show Notes

Tuesday morning showed a tale of two companies. Novo Nordisk (NVO) sold off more than 20% after making heavy reductions to sales guidance for its Ozempic and Wegovy weight loss drugs. Meanwhile, SoFi Technologies (SOFI) climbed with a strong showing in its fintech earnings. Jenny Horne goes over the biggest morning movers before the opening bell.


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