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Merck tops quarterly estimates, hikes profit outlook as new form of Keytruda shows strength

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Merck tops quarterly estimates, hikes profit outlook as new form of Keytruda shows strength

Merck's immunotherapy Keytruda, including a newer injectable form of the drug, showed stronger-than-expected sales.

Directly affected

  • MRK Merck-2.6% 16d

    Named in this report.

Indirectly affected

  • XLV Health Care Select Sector SPDR

    Health Care Select Sector SPDR holds the health sector that Merck belongs to, so it often moves with news about it.

  • LLY Eli Lilly and+12.0% 30d

    Eli Lilly and is a peer of Merck in pharmaceutical preparations; rivals often move on the same news.

  • JNJ Johnson & Johnson+0.4% 30d

    Johnson & Johnson is a peer of Merck in pharmaceutical preparations; rivals often move on the same news.

  • ABBV AbbVie+8.5% 30d

    AbbVie is a peer of Merck in pharmaceutical preparations; rivals often move on the same news.

  • ABT Abbott Laboratories-0.7% 30d

    Abbott Laboratories is a peer of Merck in pharmaceutical preparations; rivals often move on the same news.

  • PFE Pfizer+6.7% 30d

    Pfizer is a peer of Merck in pharmaceutical preparations; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
MRK+4.32%-0.31%baseafter closeafter closeafter closeafter close
XLVNo price data for this ticker———————
LLYNo price data for this ticker———————
JNJNo price data for this ticker———————
ABBVNo price data for this ticker———————
ABTNo price data for this ticker———————
PFENo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Merck tops quarterly estimates, hikes profit outlook as new form of Keytruda shows strength CNBC

Source: CNBC

This story

CompanyWhenMoveStatus
MRKthree days earlier-0.31%final price
MRKfive days earlier+4.32%final price

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This story

12 out of 100

“Merck tops quarterly estimates, hikes profit outlook as new form of Keytruda shows strength” scores 12 out of 100. The score uses 1 sources.