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The underwriters have an option to purchase up to an additional 7.5 million shares from the selling shareholders.The company expects to have 320.9 million shares outstanding immediately after the offering, it said. 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Stock Outperforms Competitors On Strong Trading DayThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Eli Lilly & Co.  rallied 1.28% to $1,152.44 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index  rising 1.14% to 7,637.76 and the Dow Jones Industrial Average  rising 0.61% to 51,778.04.This was the stock's second consecutive day of gains.Eli Lilly & Co. closed 10.85% short of its 52-week high of $1,292.65, which the company achieved on August 19th.The stock outperformed some of its competitors Thursday, as Johnson & Johnson  rose 1.10% to $270.22, Pfizer Inc.  rose 0.66% to $27.64, and AbbVie Inc.  rose 0.58% to $264.02.Trading volume  remained 629,541 below its 50-day average volume of 2.5 M.Data source: Dow Jones Market Data, FactSet. 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