Previous close | 37.99 |
Open | 35.91 |
Bid | 35.75 x 40000 |
Ask | 39.35 x 40000 |
Day's range | 35.91 - 35.91 |
52-week range | 23.45 - 40.35 |
Volume | |
Avg. volume | 10,548 |
Market cap | 70.276B |
Beta (5Y monthly) | 0.24 |
PE ratio (TTM) | 52.81 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.39 (1.08%) |
Ex-dividend date | 27 Sept 2024 |
1y target est | N/A |
Merck stock tumbled under its 50-day moving average Thursday after the FDA rejected its Daiichi Sankyo-partnered cancer drug.
The FDA's CRL to Merck (MRK) and its partner Daiichi Sankyo for the patritumab deruxtecan BLA is based on observations made on inspection of a third-party manufacturing facility.
On Wednesday, the FDA issued a Complete Response Letter (CRL) for the Biologics License Application (BLA) seeking accelerated approval of Daiichi Sankyo (OTC:DSKYF) (OTC:DSNKY) and Merck & Co Inc’s (NYSE:MRK) patritumab deruxtecan (HER3-DXd) for adult patients with locally advanced or metastatic EGFR-mutated non-small cell lung cancer (NSCLC) previously treated with two or more systemic therapies. The CRL results from findings about an inspection of a third-party manufacturing facility. The CRL