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Why Eli Lilly Stock Is Under Pressure Today

Why Eli Lilly Stock Is Under Pressure Today

Shares of Eli Lilly (NYSE: LLY) are tumbling Thursday morning. Ahead of the opening bell, Lilly announced its 2022 fourth-quarter financial results. Thanks to high expectations for newer growth products like Mounjaro and the steady progress of top clinical assets like Alzheimer's treatment donanemab, investors bid up the big pharma stock by a whopping 32.4% over the course of 2022.