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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.
Why is Eli Lilly's stock price falling? Two primary factors played a role in Lilly's current sell-off. First, investors were not pleased with the financial results for the company's diabetes and ...
The stock closed slightly higher, and Lilly ended the day with its market cap at just over $800 billion. The company has worked hard to end the shortage of its drugs, known by the key ingredient ...
Why is Eli Lilly stock struggling of late? Eli Lilly has been a fantastic growth stock to own in recent years. Entering trading this week, its five-year returns have totaled more than 550%.
Here's what happened and why Eli Lilly stock is still worth buying. Expectations are too high. First, the bad news: Lilly slightly cut its guidance for 2024. Whereas it previously anticipated ...
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. The drugmaker badly ...
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