Stocks making the biggest moves midday: Eli Lilly, Under Armour, Warner Bros. Discovery and more

Eli Lilly — The drug maker's stock surged 8% after the firm reported second-quarter earnings and revenue that blew past expectations. Eli Lilly also hiked its full-year revenue outlook by $3 billion as sales of its blockbuster diabetes drug Mounjaro and weight loss injection Zepbound spike. Under Armour — Shares popped 19% after the athletic apparel maker topped quarterly estimates and adjusted its full-year profit guidance. Warner Bros. Discovery — Shares of Warner Bros.

Zillow — Zillow shares rallied more than 18% after the real estate platform reported second-quarter earnings that blew past analyst estimates. The company posted adjusted earnings of 39 cents per share and $572 million in revenue. Duolingo — The language learnings platform's stock jumped 7% on better-than-expected quarterly figures. The move put shares on pace for their biggest one-day gain since February.

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Stocks making the biggest moves premarket: Eli Lilly, Under Armour, Warner Bros. Discovery and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Eli Lilly Surges On Strong Earnings As Mounjaro And Zepbound Sales SoarRobert Hart is a senior reporter for Forbes covering science, technology and health with a frequent focus on artificial intelligence, space, weight loss drugs and emerging technologies. He joined Forbes in 2020 and is based in London. Rob has covered everything from the billionaire space race, the health impacts of overturning Roe v.
Source: Forbes - 🏆 394. / 53 Read more »