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Stocks Making the Biggest Moves Premarket: Starbucks, Peloton, Novo Nordisk, Mondelez and More

UNITED STATES, JUL 30 – Stocks of five major U.S. companies fell after earnings reports revealed mixed results and profit warnings, including a 21.83% drop for Novo Nordisk, analysts said.

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These are the stocks posting the largest moves in premarket trading.

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The share price of a major Danish company plunged 23 percent after Tuesday's profit warning. Investor Jarmo Friman sees profit potential in the company, while Säästöpankki portfolio manager Eemeli Oikarainen considers the share price drop an overreaction.

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Shareholders of Danish company Novo Nordisk may have been dreaming of the Finnish company Nokia, which once dominated the mobile phone market, after Tuesday's sell-off. But it has not caught up with the competition and has lost its position. The manufacturer of popular obesity and diabetes drugs may also face a similar fate....

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Novo Nordisk shares continue to plummet. But manager Thomas Nielsen still believes in the stock and is actively bottom fishing.

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Benzinga broke the news in New York, United States on Wednesday, July 30, 2025.
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