Eli Lilly Shares Plunge Post-Earnings
This is a LLY news story, published by Yahoo Finance, that relates primarily to Zepbound news.
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big pharma stockThe Motley Fool
•Why Eli Lilly Is a No-Brainer Stock to Buy on the Dip
77% Informative
Eli Lilly ( NYSE : LLY ) announced its third-quarter results on Wednesday .
The big pharma stock initially plunged close to 15% after the market opened on Thursday before bouncing back somewhat.
Lilly 's Q3 revenue and earnings miss primarily stemmed from lower-than-expected sales of Mounjaro and Zepbound .
The company has two rising stars that could soon boost revenue considerably.
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