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
€125.45
-0.830%
Currently there is a rather positive sentiment for Merck KGaA with 4 Buy predictions and 0 Sell predictions.
With a target price of 135 € there is a slightly positive potential of 7.61% for Merck KGaA compared to the current price of 125.45 €.
