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Eli Lilly shares drop despite Q2 beat
CNBC Television· 2025-08-07 15:19
Shares of Eli Liy are now down over 14 plus%. That is uh well more than where uh the stock opened this morning. This follows what is being seen as disappointing data for its upcoming pill to treat obesity.Let's get to Angelica Peebles for more. Angelica, this is uh this is getting pretty serious in terms of a market cap loss now. Yeah, David, quite a big reaction today and that's because of the data like you talked about.So, let's get into the numbers. people lost about 12% of their body weight after a litt ...
Eli Lilly’s obesity pill led to around 12% weight loss in late-stage trial, paving way for approval
CNBC Television· 2025-08-07 12:09
news uh that we've I guess been waiting for from Eli Liy. Got a look at the stock. Uh although we'll show you that Angelica Peeles that's here and joins us now, but uh as you're talking, we should take a quick look at the uh early morning action in the shares.But take it away. >> Yeah, that early morning action not good. The stock down about 6% right now and that's after we got this highly anticipated data on its obesity pill and clearly there's some disappointment.So let's go through the numbers. people lo ...