DJ Merck & Co. Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Merck & Co. Inc. $(MRK)$ advanced 1.04% to $106.09 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.90% to 4,518.44 and the Dow Jones Industrial Average rising 1.16% to 35,473.13.
Merck & Co. Inc. closed $13.56 below its 52-week high ($119.65), which the company achieved on May 3rd.
The stock underperformed when compared to some of its competitors Monday, as Johnson & Johnson $(JNJ)$ rose 2.40% to $173.10 and Pfizer Inc. $(PFE)$ rose 1.88% to $35.68.
Trading volume (8.2 M) eclipsed its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 7, 2023.
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August 07, 2023 16:36 ET (20:36 GMT)
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