Business

Novo Struggles to Regain Investor Trust

Updated 2026-09-24 06:25 UTC 1 source Negative

Novo's CEO Mike Doustdar is pushing for a new strategy, but investors remain unconvinced. The company must rebuild confidence after facing challenges.

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CNBC

Novo's new strategy hinges on something it can't manufacture: investor trust

Novo has now reached the point where it can broaden its ambitions again, CEO Mike Doustdar told CNBC, but investors remain unconvinced.

2026-09-24 06:20 UTC