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Why Eli Lilly Stock Soared Today

TheMotleyFool

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Why Eli Lilly Stock Soared Today: https://g.foolcdn.com/editorial/images/854647/healthcare-gettyimages-660133306.jpg

Shares of Eli Lilly (NYSE: LLY) climbed over 10% on Wednesday after the medicine maker delivered a blockbuster earnings report.

Image source: Getty Images.

Lilly's fourth-quarter revenue rose 43% year over year to $19.3 billion. The gains were driven by the biotech's diabetes and obesity treatments, Mounjaro and Zepbound, which saw sales surge by 110% and 123%, respectively, to $7.4 billion and $4.3 billion.

Source Fool.com

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