Eli Lilly (LLY) Stock Is Up, What You Need To Know

What Happened? Shares of global pharmaceutical company Eli Lilly NYSE:LLYjumped 3.1% in the afternoon session after The U.S. Food and Drug Administration approved Eli Lilly’s once-weekly basal insulin, Onswik, for adults with type 2 diabetes, giving patients an alternative to daily long-acting insu…