LLY Stock Alert: Why Are Eli Lilly Shares Surging Today?
Lilly(LLY) Investor Place·2024-08-08 21:28
Eli Lilly (NYSE:LLY) stock rose 13% overnight after it beat analyst estimates and raised guidance. The company’s GLP-1 drugs for diabetes and weight loss, Zepbound and Mounjaro, propelled the results.The company reported net income of 3.28 per share fully diluted, on revenue of 45.4 billion-15.10-$15.40 per share. The market responded as if Lilly was selling artificial intell ...