DJ Merck & Co. Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Merck & Co. Inc. $(MRK)$ dropped 0.47% to $125.26 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.11% to 5,459.10 and the Dow Jones Industrial Average rising 1.64% to 40,589.34.
This was the stock's second consecutive day of losses.
Merck & Co. Inc. closed $9.37 below its 52-week high ($134.63), which the company achieved on June 25th.
The stock underperformed when compared to some of its competitors Friday, as Johnson & Johnson $(JNJ)$ rose 0.63% to $160.64 and Pfizer Inc. $(PFE)$ rose 3.39% to $30.77.
Trading volume (6.4 M) remained 2.2 million below its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2024.
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(END) Dow Jones Newswires
July 26, 2024 16:35 ET (20:35 GMT)
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