Eli Lilly Shares Hit Record High as Profit Beats and Revenue Forecast Rises
Sales of weight-loss injections helped Eli Lilly beat quarterly profit expectations and raise its full-year revenue forecast, according to the report.
Eli Lilly NYSE:LLY shares surged to a record high on Thursday, as sales of blockbuster weight-loss injections helped the drugmaker beat quarterly profit expectations and raise its full-year revenue forecast, reinforcing its lead in the booming obesity market.Shares of the world's most valuable heal…