Most Volatile Stocks: Eli Lilly and Company (NYSE:LLY), Zillow Group, Inc. (NASDAQ:Z), The Gap, Inc. (NYSE:GPS)

Eli Lilly and Company (NYSE:LLY) declared that a panel of the U.S. FDA held a “constructive discussion” on the benefit-risk profile of its investigational cancer drug necitumumab. The senior VP, product development and medical affairs for Lilly Oncology, Richard Gaynor stated that they  are encouraged by the Committee’s constructive discussion on the benefit-risk profile of necitumumab as few advances have been made over the past two decades in the first-line treatment of advanced squamous NSCLC, leaving a significant unmet medical need. “We believe necitumumab with gemcitabine and cisplatin represents a meaningful advance in the search for a new first-line treatment option and look forward to working closely with the FDA as they continue their review.” Shares of Eli Lilly and Company (NYSE:LLY) traded at $88.29 by moving up 0.93% with price volatility of 1.71% for a week and 1.97% for a month. Its beta stands at 0.31 times.

Zillow Group, Inc. (NASDAQ:Z) declared that chief financial officer Chad Cohen will resign effective August 7 to pursue other business interests. The company said it is conducting a search for a new chief financial officer, and that Cohen will remain as CFO through second quarter earnings and the 10-Q filing. Zillow Group, Inc. (NASDAQ:Z) stock has highest price of $83.49 in last session, beginning with a price of $83.49 and reported a decrease of -7.73% to close at $78.67 with a day range of $77.62-$83.49. The stock is going forward its 52-week low with -2.96% and moving down from its 52 week high price with -52.29%.

The Gap, Inc. (NYSE:GPS) reported that its same-store sales for June 2015 fell 1%. Net sales for the five-week period ended July 4, 2015 were $1.54 billion or flat compared with last year. For June, same-store sales fell 5% at the company’s namesake stores, while it rose 1% each at Banana Republic and Old Navy stores. The Gap, Inc. (NYSE:GPS) stock hit highest price at $37.75, beginning with a price of $37.72 and reported a decrease of -0.53% to close at $37.58 with a day range of $36.83-$37.75. The total market capitalization remained 15.68 Billion, total volume of 9.84 Million shares held in the session was surprisingly higher than its average volume of 3807.19 shares.