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Shares of Merck & Co. Inc. (MRK) dropped 0.37% to $89.19 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.13% to 4,210.24 and the Dow Jones Industrial Average rising 1.63% to 33,309.51. The stock's fall snapped a three-day winning streak. Merck & Co. Inc. closed $6.53 short of its 52-week high ($95.72), which the company achieved on June 27th.
The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson (JNJ) rose 0.29% to $170.67, Roche Holding AG Part. Cert. rose 0.58% to $334.06, and Pfizer Inc. (PFE) rose 0.34% to $49.95. Trading volume (8.1 M) remained 2.7 million below its 50-day average volume of 10.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 10, 2022.
(END) Dow Jones Newswires
August 10, 2022 17:08 ET (21:08 GMT)
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