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Shares of Eli Lilly (NYSE: LLY) were sinking 6.3% lower as of 11:11 a.m. ET on Wednesday. The sharp decline came after the big drugmaker announced its third-quarter results before the market opened.
Eli Lilly (NYSE: LLY) is the most valuable healthcare stock in the world, with a market capitalization of nearly $700 billion. But in recent weeks, its share price has been falling. And now the ...
Eli Lilly's stock valuation sank by $100 billion Wednesday morning after the pharma giant ... falling short of Wall Street estimates of $12.17 billion. ... but those are the gating factors right now."
Prior to earnings, Eli Lilly stock was trading at around $900. As of Monday, the stock was down to around $800, dropping more than 10% of its value in just a few days after the release of its ...
Meanwhile, today's massive sell-off in Novo Nordisk stock may be giving investors an unexpected second bite at the GLP-1 apple -- a chance to buy Novo stock at a price-to-earnings ratio of barely 29.
Accounting for an acquisition Eli Lilly completed in August made a big impact on earnings expectations for 2024.
Here's why Eli Lilly is a no-brainer stock to buy on the dip. Concerns about Lilly's Q3 update are overblown It's not surprising that Lilly's shares sank after its Q3 update.
Lilly and Novo Nordisk (NYSE: NVO) are dominant in most markets right now, but that won't be the case much longer. Roche's latest announcement is one example, but the list includes a crowd of ...
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