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HIMS - Why Eli Lilly Stock Is Soaring Today While Novo Nordisk and Viking Therapeutics Slide

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  • April, 17 2025 12:46 PM
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2025-04-17 12:46:28 ET

It's Thursday morning, 11:50 a.m. ET -- and Eli Lilly (NYSE: LLY) stock is off to the races!

This morning, the Indianapolis-based pharmaceutical giant announced that its new GLP-1 weight loss pill, orforglipron, has "demonstrated statistically significant efficacy results and a safety profile consistent with injectable GLP-1 medicines in successful [ACHIEVE-1] Phase 3 trial."

Lilly shares are up 14.2% in response to the news, while shares of its rivals in the GLP-1 weight loss market, Novo Nordisk (NYSE: NVO) and Viking Therapeutics (NASDAQ: VKTX) , are falling 7.1% and 1.7%, respectively.

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Hims & Hers Health Inc. Class A Company Name:

HIMS Stock Symbol:

NYSE Market:

-0.13% G/L:

$61.1299 Last:

19,280,267 Volume:

$60.26 Open:

$61.21 Close:

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