US Stock Market Move | Shares of Lilly (LLY.US) dropped more than 4%, Trump said the price of weight loss drugs will be lowered.
On Friday, Eli Lilly (LLY.US) opened down more than 4%, marking the largest intraday drop since August 7, at $797.78.
On Friday, Eli Lilly (LLY.US) opened down more than 4%, at $797.78, marking the biggest intraday decline since August 7. On the news front, U.S. President Trump suggested that the price of the popular diabetes drug Ozempic could drop to just $150 per month, causing market turmoil. However, the head of the Centers for Medicare & Medicaid Services (CMS), Mehmet Oz, clarified that price negotiations are still ongoing and no agreement has been reached yet.
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