Novo Nordisk Closes At Yearly Low

Fri. September 05, 2008; Posted: 04:17 PM

(RTTNews) - Novo Nordisk (NVO | Quote | Chart | News | PowerRating) dropped to a range within the first 90 minutes of trading on Friday. At about 11:45 am ET the stock dropped slightly to a new range that held it for the remainder of the day.

The stock ended the session at $51.71 down $2.49 from Thursday's close.

The decline came on above average volume and took the stock below support and to its lowest level in a year.

For full details on Novo Nordisk A/S (NVO) click here. Novo Nordisk A/S (NVO) has Short Term PowerRatings of 6. Details on Novo Nordisk A/S (NVO) Short Term PowerRatings is available at This Link.

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