Your email has been successfully added to our mailing list.

×
0.000983491040869773 0.00110730823434668 0.00382524662774306 0.00548620897926315 0.000603986309643671 0.00156029796657944 0.00352325347292122 -0.00422790416750555
Stock impact report

Lilly becomes first drugmaker to hit US$1 trillion valuation on weight-loss demand [BNN Bloomberg (Canada)]

Merck & Company, Inc. (new) (MRK) 
Last merck & company, inc. (new) earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.merck.com/home/default.aspx
Company Research Source: BNN Bloomberg
A more than 35 per cent rally in the company's stock this year has largely been driven by the explosive growth of the weight-loss drug market. In the last two years as new, highly effective obesity treatments hit the market, the category has emerged as one of the most lucrative segments in healthcare. Sales of Lilly's tirzepatide, marketed as Mounjaro for Type 2 diabetes and Zepbound for obesity, have also topped Merck's Keytruda as the world's best-selling drug. Novo Nordisk had the early lead in the space, but Mounjaro and Zepbound have surged in popularity and helped the company eclipse its rival in prescriptions. Lilly pulled ahead in part because Novo's Wegovy launch in 2021 was hampered by supply shortages, giving Lilly room to gain ground. The U.S. company's drugs have also shown stronger clinical efficacy, and Lilly has been faster to scale up manufacturing and expand distribution. The company's shares, which briefly hit a record high, were trading nearly one per ce Show less Read more
Impact Snapshot
Event Time:
MRK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
MRK alerts

from News Quantified
Opt-in for
MRK alerts

from News Quantified