LLY is trading at $1058 (-4.44%) in pre-market, pulling back from recent highs as broader market indices face pressure from hawkish Fed concerns and a rotation out of tech.
- The stock previously surged 10.3% to $1107.12 on Feb. 4 following blowout Q4 earnings, featuring 43% revenue growth to $19.3B driven by Mounjaro and Zepbound.
- While EPS of $7.54 beat estimates and 2026 guidance remains strong, today's decline lacks company-specific news and tracks a 0.75% drop in the Nasdaq.