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HKG:1801 24 November 2025 - 2 March 2026

Eli Lilly stock drops 2% as traders eye China approval and a late-day CFO readout

Eli Lilly stock drops 2% as traders eye China approval and a late-day CFO readout

Eli Lilly shares fell 2.3% to $1,028.07 Monday as health stocks lagged, despite the S&P 500 edging higher. Innovent Biologics won Chinese approval for Jaypirca, a Lilly-partnered cancer drug, after late-stage trial results. Investors remain focused on Lilly’s obesity drug pipeline and upcoming FDA decisions, with orforglipron inventory reaching $1.5 billion ahead of a possible U.S. launch.
2 March 2026
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Stock Market Today

  • Ledger names Circle's John Andrews as CFO, opens New York office amid IPO plans
    March 20, 2026, 10:11 AM EDT. Ledger has appointed John Andrews, former Circle executive, as its new CFO and opened a New York office to grow its U.S. presence ahead of a potential IPO. The move aims to deepen ties with institutional investors and enhance its enterprise services for banks and asset managers. Ledger, recognized for hardware wallets and digital asset security, is reportedly working with Goldman Sachs, Jefferies, and Barclays on a U.S. listing possibly valuing the firm over $4 billion. The company has seen revenue rise amid increasing crypto hacks driving demand for secure storage. This expansion reflects a broader crypto sector trend of firms exploring public markets after recent volatility.
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