Zepbound, Mounjaro Maker Eli Lilly Climbs In Wednesday Pre-Market As Impressive 51% YTD Gain Sparks Stock Split Speculation
Portfolio Pulse from Benzinga Neuro
Eli Lilly's stock has surged 51% YTD, driven by the success of its weight loss drugs Mounjaro and Zepbound, leading to speculation about a potential stock split. The company is nearing a trillion-dollar market cap and is set to announce its Q3 earnings soon.
October 30, 2024 | 9:01 am
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Eli Lilly's stock has increased 51% YTD, driven by its weight loss drugs, leading to speculation about a stock split. The company is nearing a trillion-dollar market cap and is set to announce Q3 earnings.
Eli Lilly's significant YTD stock increase and its nearing trillion-dollar market cap make it a strong candidate for a stock split, which could further boost investor interest. The upcoming Q3 earnings announcement adds to the stock's momentum.
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