Eli Lilly Stock Pulls Back After Hitting Record Highs Last Week

Eli Lilly and Co . (NYSE: LLY ) shares are trading lower Wednesday, pulling back after the stock notched an all-time high just last week, even as the company separately reported positive real-world data on its weight-loss drug Zepbound. Eli Lilly shares touched an all-time intraday high of $1,292.65 and closed at a record $1,280.34 on Aug. 19, before easing off those levels in the sessions since. Shares have traded in a range of $1,180.01 to $1,235.775 more recently, still well within the stock’s 52-week range of $694.23 to $1,292.65, according to Benzinga Pro . The pullback looks like a normal consolidation after a strong run to fresh highs rather than a ...