Check Out What Whales Are Doing With MRK
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on Merck & Co (NYSE:MRK), with 66% of big-money traders also showing bearish sentiment. The overall sentiment is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $70.0 to $125.0 for Merck & Co over the last 3 months. The price of MRK is up 0.78% at $103.47. Next earnings are expected to be released in 3 days.
October 23, 2023 | 6:46 pm
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A large investor has taken a bearish stance on Merck & Co, indicating potential downward pressure on the stock. The price of MRK is up 0.78% at $103.47.
The bearish sentiment from a large investor, along with the 66% bearish sentiment from big-money traders, could put downward pressure on the stock. However, the stock is currently up 0.78% at $103.47, indicating some positive momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100