Lilly shares on track for worst day since 2021 after downbeat

(Reuters) -Eli Lilly's stock tumbled 8% on Tuesday after it forecast fourth-quarter sales of weight-loss drug Zepbound below Wall Street estimates, marking the second time sales have …

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Lilly Shares On Track For Worst Day Since 2021 After Downbeat

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(Reuters) -Eli Lilly's stock tumbled 8% on Tuesday after it forecast fourth-quarter sales of weight-loss drug Zepbound below Wall Street estimates, marking the second time sales have …

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Lilly Shares On Track For Worst Day Since 2021 After Downbeat

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The company's shares were trading at $740.80, on track for their worst single-day decline in nearly four years. Lilly's stock went on a tear in the beginning in 2023 as investors bet on the …

msn.com

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Eli Lilly Stock Dives Toward Worst Day Since 2021 On ... - Forbes

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Oct 30, 2024 · Shares of Eli Lilly dropped about 7% by late morning, tumbling toward the worst daily percentage decline for the stock since the 9% loss suffered March 15, 2021, though the …

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Lilly Shares On Track For Worst Day Since 2021 After Downbeat …

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The company’s shares were trading at $740.80, on track for their worst single-day decline in nearly four years. Lilly’s stock went on a tear in the beginning in 2023 as investors bet on the …

wallstreetobserver.com

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Eli Lilly Stock Faces Worst Day In Nearly 4 Years On Q4 Weight

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Shares of Eli Lilly & Co. dropped over 7% on Tuesday morning, reaching levels last seen in late November and marking the stock’s worst day since March 15, 2021. The decline followed a ...

msn.com

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Eli Lilly Down Over 8%, On Pace For Largest Percent Decrease Since ...

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1 day ago · Eli Lilly and Company (LLY) is currently at $733.00, down $64.48 or 8.09% --Would be lowest close since Nov. 19, 2024, when it closed at $729.73 --On pace for largest percent …

morningstar.com

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Lilly Shares On Track For Worst Day Since 2021 After Downbeat …

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1 day ago · Lilly also forecast 2025 sales between $58 billion and $61 billion, the midpoint of which is above analysts' estimates of $58.52 billion. Lilly shares on track for worst day since …

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Eli Lilly Shares Hit Yearly Low After Disappointing Q3 Earnings

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Oct 31, 2024 · Shares of Eli Lilly (LLY, Financial) dipped on Wednesday by 6%, reaching its lowest since the beginning of March this year after reporting third-quarter results that blew a …

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Lilly's Stock Leads S&P 500 Losers As Mounjaro, Zepbound

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Shares of Eli Lilly were taking a 6.9% hit toward a two-month low in recent trading, enough to make them the S&P 500's biggest decliner. ... one-day drop since the 9.1% selloff on March …

marketwatch.com

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Eli Lilly On Track For Lowest Close Since February — Data Talk

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Nov 18, 2024 · Eli Lilly and Company (LLY) is currently at $719.20, down $27.00 or 3.62% ... --Worst five day stretch since the five days ending March 25, 2020, when it fell 14.78% ... Gear …

morningstar.com

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Eli Lilly Just Hit A Milestone That Disappointed. Here's Why You …

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Nov 8, 2024 · During Q3, Eli Lilly brought in $11.4 billion in sales, up 20% from a year prior, and non-GAAP (adjusted) EPS of $1.18, which was $0.29 less than what the average of Wall …

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Why Eli Lilly Stock Is Sinking Today - Yahoo Finance

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Oct 30, 2024 · 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 …

yahoo.com

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Why Did Eli Lilly Stock Fall 6%? - Nasdaq

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Nov 1, 2024 · Returns for the stock were 66% in 2021, 34% in 2022, and 61% in 2023. ... it is helpful to see how Eli Lilly peers fare on metrics that matter. ... Cumulative total returns since …

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Why Eli Lilly Stock Tumbled On Thursday - Nasdaq

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Jan 18, 2024 · A healthcare stock that's been on quite a run so far this young year, Eli Lilly (NYSE: LLY) took a bit of a pause on Thursday. Its price sagged by nearly 1% on the day, in …

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Eli Lilly Currently Down Six Consecutive Days, On Pace For Longest ...

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Nov 6, 2024 · Eli Lilly and Company ( LLY ) is currently at $774.76, down $31.30 or 3.88% --Would be lowest close since Aug. 7, 2024, when it closed at $772.14 --Currently down six …

morningstar.com

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Eli Lilly Stock Dives Toward Worst Day Since 2021 On …

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Oct 30, 2024 · Q3 sales in weight loss drugs Mounjaro and Zepbound were more than 20% lower than consensus analyst forecasts, spooking investors.

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FAQs about Lilly shares on track for worst day since 2021 after downbeat Coupon?

Why did Lilly's stock go on a tear in 2023?

The company's shares were trading at $740.80, on track for their worst single-day decline in nearly four years. Lilly's stock went on a tear in the beginning in 2023 as investors bet on the drug's popularity, with the company's shares more than doubling till mid-2024. ...

Is Eli Lilly stock on pace for its worst loss since 2000?

Eli Lilly stock is on pace for its worst loss since 2000. Shares of Eli Lilly dropped about 7% by late morning, tumbling toward the worst daily percentage decline for the stock since the 9% loss suffered March 15, 2021, though the stock recovered majorly from what was as much as a 14% decline shortly after market open. ...

Why did Eli Lilly's stock tumble 8% on Tuesday?

(Reuters) - Eli Lilly's stock tumbled 8% on Tuesday after it forecast fourth-quarter sales of weight-loss drug Zepbound below Wall Street estimates, marking the second time sales have disappointed since the drug's launch in late 2023. The company's shares were trading at $740.80, on track for their worst single-day decline in nearly four years. ...

Why was Eli Lilly & Co's stock down 7% Thursday?

Eli Lilly & Co.’s stock was on pace for its worst day in about three years Thursday as investors fretted about intensifying competition among obesity-drug developers. Lilly’s stock LLY was down more than 7% at midday Thursday — on track for its largest percentage decline since March 2021 — before rebounding slightly. ...

Why did Eli Lilly's share price plunge?

Drug maker Eli Lilly’s share price plunged Wednesday morning after the company reported worse third-quarter results than expected, especially in its weight-loss drug division, registering a rare misstep for the Wall Street darling. Eli Lilly stock is on pace for its worst loss since 2000. ...

Why was Eli Lilly's stock hit hard?

Eli Lilly’s stock has been hit hard as a competitor’s experimental weight-loss drug shows promise. Photo: Getty Images Eli Lilly & Co.’s stock was on pace for its worst day in about three years Thursday as investors fretted about intensifying competition among obesity-drug developers. ...