Memorial day. Katie and Katie Greifeld in new york. Welcome to Bloomberg Markets. Look at markets on this friday, green on the screen after a disappointing day on thursday. S p 500 higher by. 4 . It felt by. 7 yesterday. We are marginally lower for the week. A look at the nasdaq 100, higher by half a percent. But russell 2000 current the higher by. 6 or so. Lets drill down into eli lilly, boosting its weight loss drug supply. The farmer giant was meant 5. 3 billion will spend 5. 3 billion to make the main ingredient on its with loss drugs. The popularity of this shot has led to shortages. Gaming cardi joins us now with more details. You think about the question to boost production and be able to address the demand. How far will the investment go . Ideally, despite the ubiquity of these medicines it sometimes escapes and it sometimes escapes notice that they are technically in a shortage, lilys and a competing drug from novo nordisk. The idea is to boost the production of the active ing
Fullerton Fund Management Co Ltd. decreased its holdings in shares of Eli Lilly and Company (NYSE:LLY – Free Report) by 25.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,672 shares of the company’s stock after selling 17,701 shares during […]
Freedom Investment Management Inc. lessened its stake in shares of Eli Lilly and Company (NYSE:LLY – Free Report) by 4.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,072 shares of the company’s stock after selling 176 shares during the period. Freedom Investment Management Inc.’s holdings in Eli Lilly and Company were worth $2,374,000 […]
Barometer Capital Management Inc. trimmed its position in Eli Lilly and Company (NYSE:LLY – Free Report) by 19.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,552 shares of the company’s stock after selling 4,598 shares during the period. Eli […]
Shares of Eli Lilly and Company (NYSE:LLY – Get Free Report) saw strong trading volume on Tuesday . 743,048 shares traded hands during mid-day trading, a decline of 75% from the previous session’s volume of 2,936,860 shares.The stock last traded at $859.46 and had previously closed at $865.00. Wall Street Analyst Weigh In LLY has […]