Why Merck Is Sinking This Week
The stock for pharmaceutical giant (NYSE: MRK) was trading down more than 3% Monday morning. That's a big drop in just a few hours to start the week.
So, what's going on?
It might have to do with the fact that last week the New Jersey-based drugmaker released third-quarter results. Investors were largely unimpressed with what they saw.
Source Fool.com
Merck KGaA Stock
€118.00
-0.800%
Our community is currently high on Merck KGaA with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 142 € shows a positive potential of 20.34% compared to the current price of 118.0 € for Merck KGaA.
