Eli Lilly Surges to 16th in Trading Volume with 44.95 Billion Turnover
Volume AlertsFriday, May 30, 2025 8:45 pm ET
1min readOn May 30, 2025, Eli Lilly (LLY) saw a significant surge in trading volume, with a turnover of 44.95 billion, marking a 123.44% increase from the previous day. This substantial rise placed Eli Lilly at the 16th position in terms of trading volume for the day.
Eli Lilly's stock remains a strong buy, driven by the soaring revenues of its blockbuster weight-loss drug tirzepatide. The drug has shown superior efficacy compared to competitors, contributing to a robust market position for Eli Lilly.
Analysts have set an ambitious price target of $1,000 for Eli Lilly's stock, fueled by the growing momentum of the GLP-1 alpha bandwagon. This optimistic outlook is supported by the drug's impressive performance and market potential.
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