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?

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  • Jessi
    Lv 7
    1 decade ago
    Favorite 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.

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  • 1 decade ago

    When compared to other drug companies the stock seems to be in line.

    http://finance.yahoo.com/echarts?s=LLY#chart6:symb...

    Previous answerer should have said patents, not patients.

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  • 1 decade ago

    Hello!!!!!! the whole market took a dump.

    As for your LLY? It looks like this stock is trying to recover.

    http://finance.yahoo.com/q/ta?s=LLY&t=3m&l=on&z=m&...

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