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Eli Lilly falls after Trump says negotiating lower GLP-1 prices

Shares of Eli Lilly (LLY) are moving lower after President Trump said in the Oval Office that the price of GLP-1 weight loss drugs will come down “pretty fast.” Trump noted his administration is negotiating for lower GLP-1 prices. Shares of Eli Lilly are down 4% to $790.12 in post-market trading while Novo Nordisk (NVO) is down 4% to $54.01.

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