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Eli Lilly loses $15 billion in market worth after $8 blue tick tweet

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By lapaasindia
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  • Due to a tweet from a fake Eli Lilly account verified with an $8 blue tick, the pharmaceutical giant Eli Lilly saw its market cap drop by over $15 billion.
  • The phoney account had tweeted that “insulin is now free,” which it was thrilled to announce.
  • The business tweeted, “We apologise to those who have been served a misleading message from a fake Lilly account.

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