Another Surging Pharma Stock to Watch Right Now
Pharmaceutical concern Eli Lilly And Co (NYSE:LLY ) is charging 7.2% higher to trade at $821.20 this afternoon. Starting today, President Trump imposed a 100% tariff on branded or patented pharmaceutical products that enter the country. However, Eli Lilly (LLY) is exempt from the levies amid a $27 billion dollar expansion of manufacturing facilities in the U.S. The stock is also seeing a halo lift from the broader pharmaceutical sector after Pfizer's (PFE) deal with Trump. LLY earlier touched its highest ma ...