Why AstraZeneca, Bristol Myers Squibb, and Eli Lilly Stocks Jumped Today

Shares of several large drugmakers were jumping higher on Wednesday, following the U.S. elections. AstraZeneca (NASDAQ:AZN) stock was up 6.6% as of 3:13 p.m. EST. Shares of Bristol Myers Squibb (NYSE:BMY) weren't too far behind, with a gain of 6.4%. The biggest winner, though, was Eli Lilly (NYSE:LLY), with its stock vaulting 14.5% higher.