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Friday, August 8, 2025

Pharmaceutical giant under pressure: Eli Lilly loses ground on weak news

Pharmaceutical giant under pressure: Eli Lilly loses ground on weak news

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Pharmaceutical giant under pressure: Eli Lilly loses ground on weak news
Back News

Pharmaceutical giant under pressure: Eli Lilly loses ground on weak news

Wall Street Closes Mixed as Nasdaq

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08.08.2025 07:55 AM

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Wall Street Closes Mixed as Nasdaq Hits New Record On Thursday, US stock markets ended the day with mixed results. The Dow Jones and S&P 500 slipped, while the Nasdaq reached an all-time closing high, overcoming a sharp drop in several major stocks. Eli Lilly Disappoints Investors Shares of Eli Lilly tumbled 14.1 percent after the company released data on its oral weight-loss drug, orforglipron. While the pharmaceutical giant raised its full-year earnings and revenue outlook, the trial results failed to meet market

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