Why Is LLY Stock Down? Investors React to CVS Move
LLY stock has taken a hit recently, and it’s all tied to a major move by CVS Health. In a bold decision, CVS announced it would be dropping Eli Lilly’s Zepbound from its formulary. This change has sparked concerns among investors. Why? Zepbound, a popular weight-loss drug, has been one of Eli Lilly’s big earners….