Eli Lilly Shares Dive Amid Weak Sales Outlook as S&P 500 Shows Mixed Performance

Reported about 11 hours ago

On January 14, 2025, the S&P 500 gained 0.1% following soft wholesale inflation data, but Eli Lilly's shares plunged 6.6% after the company revised its sales forecast downward, indicating a potential shortfall in demand for its diabetes and weight-loss treatments. Meanwhile, United Rentals soared 5.9% after announcing a $4.8 billion acquisition, and other companies like Celanese and GE Vernova also saw significant gains.

Source: YAHOO

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