Merck shares are trading higher following a Q2 earnings beat but mixed guidance.
Portfolio Pulse from Benzinga Newsdesk
Merck shares are trading higher following a Q2 earnings beat but mixed guidance.
July 30, 2024 | 10:38 am
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Merck shares are trading higher after the company reported better-than-expected Q2 earnings. However, the guidance provided was mixed, which could create some uncertainty among investors.
The positive reaction in Merck's stock price is primarily due to the Q2 earnings beat, which typically boosts investor confidence. However, the mixed guidance may temper some of the enthusiasm, leading to potential volatility.
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