Hims & Hers stock falls after Eli Lilly's weight-loss drug dropped from shortage list

Eli Lilly (LLY)'s weight loss drugs Mounjaro and Zepbound are no longer facing supply constraints, as the FDA has removed them from its shortage list — signaling the pharmaceutical giant's ability to now meet market demand. In contrast, shares of competitor Hims & Hers Health (HIMS) are plummeting following this news.

Catalysts co-hosts Seana Smith and Brad Smith delve into the implications of this FDA action, analyzing how this development is likely to boost Eli Lilly's operations.

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This post was written by Angel Smith