Eli Lilly’s Stock Dives After Fake Account Promises Free Insulin
View Source | November 11, 2022 6:58 pm
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- Pharmaceutical giant Eli Lilly’s stock nosedived Thursday after a fake Twitter account claimed “insulin is free now.”
- The problem stemmed from Elon Musk’s new pay-for-play verification system. As of Friday, the fake account no longer was verified.
- Lilly’s stock fell nearly 5%. “We apologize to those who have been served a misleading message from a fake Lilly account,” the company said from its official account.
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