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Eli Lilly rises 1.9% to $1,268.23 on strong obesity drug demand

Investor's Business Daily +1 ·

LLY Lilly(Eli) & Co
$1255.40 +0.88%
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  1. 1Eli Lilly (LLY) traded at $1,268.23 on Friday afternoon, up about 1.9%
  2. 2Second-quarter revenue jumped 48% to $23 billion, and the company raised its full-year guidance to $85–87 billion
  3. 3Mounjaro and Zepbound accounted for roughly 65% of quarterly revenue, prompting Wall Street to buy the stock on its growth potential

This 3-line summary is compiled from the report below.

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