#retail-sentiment

#retail-sentiment

Shares of Novo Nordisk A/S ( NYSE: NVO) dropped 1.9%today, closing at $48.25, just a whisker above the 52-week low of $45.05. Sometimes we see a divergence in share price and sentiment, but with Novo Nordisk they're actually well correlated. Discussion on Reddit has remained uniformly bearish throughout November. Novo Nordisk is trading more than 50% below its 52-week high, a stunning collapse for a company that was once viewed as the premier play on the obesity treatment revolution.

A meme worthy interview wtih CEO Alex Karp wielding a sword during captured the attention of retail investors already primed by Palantir's blowout Q3 earnings. In that Q3 release the company reported an impressive $1.2B in revenue. That not only beat estimates, it delivered on an enviable 'Rule of 40' score of 114%. More on that in a moment. U.S. commercial revenue surged 121% year-over-year, and total contract value jumped 151% to $2.76B, signaling accelerating enterprise adoption.

Bitwise CIO Matt Hougan says the crypto market may be nearing a turning point as retail exhaustion deepens and institutional demand quietly builds. Appearing on CNBC, Hougan - who oversees $12 billion in assets at Bitwise - said retail sentiment is at "maximum desperation" following months of liquidations, leverage blowouts, and yield protocol failures. "It's hard to find a crypto native investor who still has much enthusiasm," he said. "That market is close to a bottom."

The turnaround coincides with a noticeable shift in retail investor sentiment on platforms like Reddit and X. The stock has now gained 413.84% year-to-date, transforming from a cautionary tale into what traders are openly calling a meme stock with legitimate turnaround potential. What started as skepticism in early October has evolved into cautious optimism, with sentiment scores climbing from neutral territory into somewhat-bullish range by late October.

Shares of Align Technology (ALGN) are up 0.30% today, but the real action is happening off the tape. Reddit mentions on r/wallstreetbets surged dramatically over the past 48 hours, with sentiment shifting from neutral to outright bullish as retail investors spot what they see as a buying opportunity. The stock has pulled back 2.2% from its October 21 high of $136.22, and that dip appears to have triggered a wave of retail interest that peaked Monday night.