Eli Lilly (LLY) has experienced a significant decline in its stock price, marking its largest three-day plunge since March 2020. The stock, which was trading above $863, has seen a notable drop, with traders capitalizing on a short strategy that yielded $50 per share and 500% gains.
It's $LLY's biggest 3-day plunge since March 2020 https://t.co/2KmBk8VqlQ
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$SPY $VIX Strategy Strikes again ๐จ Has changed many lives! https://t.co/lF2bRncVRH $VIX over 15 and there we go flush All short no longs, Semi Run Fizzled for beauty short @TENETTRADEGROUP https://t.co/ZJhCz3RnVB