Skip to content
Search AI Powered

Latest Stories

Pharmaceutical Giant's Stock Plummets After Parody Twitter Account Announces Insulin Is 'Free'

Eli Lilly Logo with free insulin tweet
@EliLillyandCo/Twitter; NurPhoto /Contributor/Getty Images

Eli Lilly and Company saw a 4.5% drop at the stock market after the fake tweet—and their apology only seemed to make matters worse.

Late last month, Elon Musk concluded the deal to take over Twitter and it definitely has not been a smooth transition.

Musk made the decision to introduce Twitter Blue to the world which allowed anyone who pays an $8 monthly subscription fee to obtain the verified blue checkmark, once reserved for authentic public figures.


Just as nearly everyone but Musk predicted, fake—but verified—accounts took over the Twitterverse. Though many creators of the "verified" accounts likely created them in good fun, one tweet by a fake account caused a plunge in the actual company's stock.

Last week, a fake account using the handle @EliLillyandCo posted that the real company Eli Lilly and Co was giving away free insulin.

The tweet read:

"We are excited to announce insulin is free now."

@EliLillyandCo/Twitter

Given the handle had a blue check, many believed the tweet to be legit.

Just over night, the company's share price dropped more than $20 per share, from $368 to $346.

The company quickly took to Twitter to apologize for the false information, and Musk also paused the new verification system as other companies were facing similar challenges. The parody account's tweets have also been locked.

While some were glad the pharmaceutical giant clarified, many think the company should be apologizing instead for the continuously rising cost of insulin.













In response to the criticism they've received, the company pinned a post from March to the top of their profile.

It reads:

"If you or someone you know has difficulty paying for Lilly insulin, we have a comprehensive suit of insulin affordability solutions available. We want to help."

It is followed with a link to the company's solution center resource page: https://t.co/Npcbfq9AXk

Though the parody tweet definitely ignited false hopes in some, and, of course, caused the company's stock to plummet, there is definitely a lesson to be learned here.

More from Trending

Screenshot of Donald Trump
@atrupar/X

Trump Dragged After Making Ridiculous Claim About Randomly Finding Billions On The 'Tariff Shelf'

President Donald Trump was criticized after he claimed to reporters this week that officials in his administration suddenly found $30 billion they "never knew existed"—located on what Trump referred to as the "tariff shelf."

Tariffs are a tax on imported goods, usually calculated as a percentage of the purchase price. While tariffs can shield domestic manufacturers by making foreign products more expensive, they are also used as a tool to penalize countries engaged in unfair trade practices, such as government subsidies or dumping goods below market value.

Keep ReadingShow less
food prep
Katie Smith on Unsplash

Professional Chefs Share The Top Mistakes Average Home Cooks Make

With the expansion of cable television and then streaming services, a number of competition shows featuring amateur home cooks. Shows like Master Chef and The Great British Bake Off garnered huge followings and spawned numerous global and domestic spin-offs.

The food produced by these amateurs is beyond the talents of even some professional chefs. But what about the average home cook? What can they learn from the professionals?

Keep ReadingShow less
Robert F. Kennedy Jr.
ANDREW CABALLERO-REYNOLDS/AFP via Getty Images

RFK Jr.'s HHS Blasted As CDC Panel Considers Dropping Life-Saving Hepatitis B Vaccine For Newborns

The Centers for Disease Control and Prevention's vaccine advisory panel, the Advisory Committee on Immunization Practices (ACIP), met Thursday for the first of two days of discussions about childhood vaccine schedules and recommendations.

The panel focused on the hepatitis B vaccine and plans to vote on Friday whether to continue recommending it be given to all children at birth or to recommend something entirely different. The panel previously tabled making a decision on infant and early childhood hep-B vaccination in September.

Keep ReadingShow less
Screenshots from @monicasanluiss's TikTok video
@monicasanluiss/TikTok

Bride's Friends Surprise Her With Montage Video Of All Her Exes At Bachelorette Party—And People Are Mortified

While Jenny Han's novel To All the Boys I've Loved Before was a major hit, and even became a great film success in 2018, not everyone's married to the idea of reconnecting with their exes after the relationships end.

It might be nice to imagine staying friends after the relationships, imagining our exes missing us or regretting losing us, or even giving us an apology for the things they did wrong. But most of us pine for this for a little while, realize it's all a fairy tale, and push past it to better things and new love.

Keep ReadingShow less
Screenshots from @alexamcnee's TikTok video
@alexamcnee/TikTok

TikToker Sparks Debate After Calling Out Driver's Extremely Bright Headlights For Blinding Her

Whether we are drivers or passengers, we've all experienced that annoying, possibly painful moment of feeling like we're being blinded by a fellow driver whose headlights are far too bright for a standard car on a standard road.

But while most of us complain about it to ourselves and leave it at that, TikToker Alexa McNee stepped up for all of us and called it out.

Keep ReadingShow less