Here's why Eli Lilly stock is crashing
Portfolio Pulse from
Eli Lilly's stock dropped by 6.5% after the company released its fourth-quarter 2024 revenue guidance, which did not meet Wall Street expectations.
January 15, 2025 | 1:00 pm
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Eli Lilly's stock fell by 6.5% due to disappointing fourth-quarter 2024 revenue guidance, which was below Wall Street expectations.
The stock price decline is directly linked to the company's revenue guidance falling short of expectations, which typically leads to negative investor sentiment and selling pressure.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100