Eli Lilly investors shouldn’t sweat rival Novo Nordisk having the first obesity pill on sale
Club holding Lilly stock slumped 1% Tuesday while Novo Nordisk shares jumped nearly 9%.
Last updated: 2025-12-23 22:00:17 ET
Club holding Lilly stock slumped 1% Tuesday while Novo Nordisk shares jumped nearly 9%.
These are the stocks posting the largest moves in midday trading.
These are the stocks posting the largest moves in premarket trading.
Relief rally underway in Novo Nordisk after a difficult year for the stock which saw it lose ground to arch-competitor Eli Lilly.
The FDA on Monday approved the first-ever GLP-1 pill from the Danish pharmaceutical giant.
The approval gives Novo Nordisk a head start over chief rival Eli Lilly, which is racing to launch its own obesity pill.