Jim Cramer: Why Eli Lilly Stock Was Up Despite Earnings Miss

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Eli Lilly  (LLY) - Get Eli Lilly and Company (LLY) Report reported adjusted earnings of $1.87 per share on revenue of $6.74 billion, slightly missing profit expectations. 

Despite the miss, Eli Lilly stock moved over 3% higher to $255.98 in intraday trading. 

Jim Cramer explained the stock action in the video above. 

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