Why Is Eli Lilly Stock Surging On Thursday? - Eli Lilly (NYSE: LLY)
Eli Lilly (LLY) shares rose on Thursday after an insurance coverage milestone expanded consumer access to its obesity drugs. According to the company, CVS Caremark commercial coverage for once-daily Foundayo starts June 1, while broader template coverage for injectable Zepbound resumes Oct. 1. The article says eligible patients may pay $25/month commercially and $50/month for some Medicare Part D beneficiaries starting July 1. Shares were up 3.48% to $1120.56 near the 52-week high.