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Eli Lilly’s weight-loss pill didn’t work so well, and the stock is plunging - MarketWatch

1. Eli Lilly's stock fell 14.7%, marking its worst drop in 26 years. 2. Weight-loss trial results for orforglipron didn’t meet market expectations. 3. Zepbound sales rose 172% but failed to offset negative trial results. 4. Competitor Novo Nordisk's drug showed better efficacy in weight loss. 5. Lilly raised 2025 EPS guidance despite significant stock downturn.

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FAQ

Why Bearish?

The drastic sell-off indicates significant market disappointment with trial results. Similar past instances include Biogen's stock drop after underwhelming study results in 2020.

How important is it?

The article highlights crucial trial outcomes impacting market expectations and investor sentiment for Lilly.

Why Short Term?

Current market sentiment is swayed by trial data, affecting immediate investor confidence.

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