Why Shares of Eli Lilly Popped This Week
Lilly(US:LLY) The Motley Fool·2024-02-09 19:34Shares of Eli Lilly (LLY 0.62%) rose over 10% this week, according to data from S&P Global Market Intelligence. The drugmaker is soaring due to continued success with its weight loss drugs, which are growing like gangbusters. Revenue growth is accelerating, and the stock is now up over 1,000% in the last 10 years, crushing the returns of the S&P 500 index.Here's why Eli Lilly stock was rising yet again this week. A weight loss revolution?Eli Lilly posted its fourth-quarter 2023 earnings this week. Revenue g ...