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AutoZone & Ferrari Slide; Eli Lilly Announces Acquisitions | Stock Movers
📅26 May 2026 at 14:33
📰Bloomberg
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On this episode of Stock Movers:
- AutoZone (AZO) shares fall after the retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street’s expectations.
- Ferrari (RACE IM) shares fell almost 8% after critics panned the look of its first fully electric vehicle, a setback for the Italian super-car maker’s controversial push into EVs.
- Eli Lilly (LLY) agreed to buy three vaccine developers for as much as $3.8 billion, marking the drugmaker’s re-entry into the infectious disease space. (Source: Bloomberg)
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📰Source: Bloomberg
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