Merck shares snapped a six-session winning streak, dropping after a 13.62% gain that outpaced the S&P 500.
Merck (NYSE: MRK) closed 0.87% lower at $128.26 on Tuesday, halting a six-day advance. The stock had surged 13.62% over the prior six sessions, significantly outperforming the S&P 500, which fell 0.80% in the same period.
The decline followed a notable rally that saw MRK outpace broader market weakness. The S&P 500’s 0.80% drop over the same six sessions highlighted Merck’s relative strength before Tuesday’s pullback.
No immediate market reaction was detailed in the session close.