Big Pharma company's stock jumps 11% in a single morning

What could make a company's stock jump 11% in a single day, eh?

Lots of things.  But in this case...every American has heard of Ozempic.  It's made billions for the company that makes it.  Started out as a drug to treat diabetes, but had the effect of causing patients to lose weight.  Bonanza!  But it had to be injected, which was a drawback.

Now the magic: A company has found a weight-loss drug that's a pill.

Yeah, that would sure make your stock jump 11%, eh?

It's SO predictable that weight-loss drugs are so popular wif' duh public, eh?

https://www.cnbc.com/2025/04/17/eli-lilly-weight-loss-pill-orforglipron-clears-first-late-stage-trial.html