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
€122.30
0.530%
Currently there is a rather positive sentiment for Merck KGaA with 5 Buy predictions and 0 Sell predictions.
With a target price of 142 € there is a slightly positive potential of 16.11% for Merck KGaA compared to the current price of 122.3 €.
