Diamonds and Dogs

1/11/21

Eli Lilly (LLY) jumping on their positive drug news. Lilly is up 10% to new highs thanks to positive phase 2 trial results for their Alzheimer's treatment. Eli Lilly said that donanemab, an investigational antibody, showed a "significant slowing of decline" in a composite measure of cognition and daily function in trial patients suffering early symptomatic Alzheimer's disease. Alzheimer's disease, a progressive brain disorder, affects more than 50 million people around the world.

Twitter (TWTR) and Facebook (FB) trading lower. The stocks are down 6% and 3% as both companies are banning either the President and or political ads. One analyst argues the President could account for 10% earnings for Twitter.

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