Eli Lilly shares are trading lower. The stock gained Wednesday following FDA approval of Zepbound for chronic weight management.
Portfolio Pulse from Benzinga Newsdesk
Eli Lilly's shares are trading lower despite the FDA approval of Zepbound for chronic weight management. The stock had gained on Wednesday following the approval.

November 09, 2023 | 5:29 pm
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Eli Lilly's stock is trading lower despite the FDA approval of Zepbound. The stock had previously gained following the approval.
Eli Lilly's stock is trading lower despite the FDA approval of Zepbound, a drug for chronic weight management. This is surprising as the stock had gained following the approval, indicating that the market had initially reacted positively to the news. The current drop in price may be due to other factors not mentioned in the article.
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IMPORTANCE 80
RELEVANCE 100