Diamonds and Dogs

8/27/24

Another recent highflyer, Eli Lilly (LLY) jumped 2% on the open as they introduced a single-dose script of their popular weight loss drug, Zepbound at half the price, aiming to broaden access for patients who self-pay for their drugs.

The dog of the day went to Super Micro Computer (SMCI) down 2.6% after falling 8% on the open on accusations of accounting manipulation. The stock had a nice rebound throughout the day. The stock is still down over 50% from the highs set back in March.

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