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Eli Lilly stock soars on strong demand for weight-loss drugs
['Wed August At Pm Gmt', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
What happened: Eli Lilly (LLY) stock jumped as much as 7% on Wednesday.
What's behind the move: The drug company raised its 2026 sales forecast after it saw strong demand for GLP-1 drugs in its fiscal second quarter.
Adjusted earnings for the second quarter also beat Wall Street estimates.
Ines Ferre is a Senior Business Reporter for Yahoo Finance covering the US stock market, publicly traded companies, and commodities.
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