
Posts$Novo Nordisk AS(NVO.US), to put it bluntly, is a large-cap stock. When the overall market falls, it can't rise; it can only gain more when the market rises. A typical example is the 2022 bear market, where this stock neither rose nor fell for 9 months, only starting to climb after GPT came out in October, gaining 20% in a year of a bear market. It's essentially just riding on the market's coattails.
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