Zepbound beats Wegovy for weight loss
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Investors and analysts will be watching closely how Lilly overcomes these obstacles in the changing obesity treatment environment.
Eli Lilly and Company's stock dropped 11% after CVS's Zepbound exclusion, but analysts see a mispricing opportunity. Click for why LLY growth remains strong.
12don MSN
Shares of Eli Lilly ( LLY -5.50%) are sliding on Thursday. The stock lost 8.3% as of 12:21 p.m. ET. The leg down comes as the S&P 500 ( ^GSPC -0.77%) gained 1% and the Nasdaq Composite ( ^IXIC -0.87%) gained 1.9%.
Eli Lilly's first-quarter revenue grew 45% as combined sales for Mounjaro (diabetes) and Zepbound (obesity ... future competitors means that non-GAAP performance margin (similar to operating ...