Why Eli Lilly Stock Topped the Market Today
Eli Lilly (LLY 0.10%) stock eked out a gain on the stock market Wednesday, but the company doesn't necessarily have itself to thank for this. One of its rival pharmaceutical companies posted strong annual results fueled largely by a product category Lilly is entering. That pushed Eli Lilly's share price marginally higher (by 0.1%), handily beating the 1.6% decline of the S&P 500 index.The Novo Nordisk effectThat rival was Danish pharmaceutical company Novo Nordisk (NVO 5.25%), which published its full-year ...