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MarketBeat
MarketBeat
Leo Miller

Is Eli Lilly’s 14% Post-Earnings Slide a Buy-the-Dip Opportunity?

Lilly Eli Lilly LLY Weight Loss Novo Nordisk MarketBeat Novo

For weight loss drug leaders, the last two weeks have been nothing short of disastrous for shares.

Industry pioneer Novo Nordisk A/S (NYSE: NVO) saw its stock drop nearly 22% on July 29 after lowering its full-year guidance. Then, on Aug. 7, Eli Lilly (NYSE: LLY) shares fell approximately 14%.

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