Why is Eli Lilly stock trading so low?
The stock price is lower than I would expect, pushing the dividend yield above 5%. Is there something I don't know? Are they involved in some important lawsuit?
- JessiLv 710 years agoFavorite Answer
The patients on a lot of their proprietary drugs are do to expire this year according to the guy who does the Indiana Business segment on our local news channel here in Indianapolis.
- stevepitt2Lv 610 years ago
When compared to other drug companies the stock seems to be in line.
Previous answerer should have said patents, not patients.
- Grandpa SharkLv 610 years ago
Hello!!!!!! the whole market took a dump.
As for your LLY? It looks like this stock is trying to recover.