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Eli Lilly’s stock falls after profit comes up short of expectations, while revenue beat

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Eli Lilly’s stock falls after profit comes up short of expectations, while revenue beat

Shares of Eli Lilly & Co.
LLY,
+1.27%
fell 1.4% in premarket trading Tuesday after the drug maker missed second-quarter profit expectations while revenue beat, as gross margin as a percentage of revenue fell due primarily to an excess inventory charge…

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