News

Merck Shakes Off Volatility with Powerful After-Hours Rally, Signaling Bullish Start to Next Week

RAHWAY, NJ – Shares of pharmaceutical giant Merck & Co Inc (NYSE: MRK) navigated a highly volatile trading session on Thursday, closing nearly flat before staging a powerful rally in after-hours trading that points to a strong start for the week ahead.

Merck officially closed the day at

0.11 (0.13%). This figure, however, masks a day of significant swings. The stock leaped to a high of $82.44 early in the session before reversing sharply to an intraday low of $81.45.

 

The key story unfolded late in the day. The stock began to recover from its lows into the close, and this positive momentum accelerated dramatically after the bell. In the after-hours session, Merck shares surged

82.14.

Analysis and Outlook for Monday:

The strong after-hours performance is the most critical takeaway from Thursday’s trading. While the regular session was choppy and indecisive, the substantial buying pressure that emerged after the close is a clear sign of bullish sentiment. This late surge not only erased the day’s small loss but also pushed the stock price above the previous day’s close of $81.82.

This indicates that investors are viewing Merck favorably and were eager to buy shares, even after the market closed. Therefore, the outlook for Merck & Co for Monday’s open is bullish.

Investors should anticipate the stock to carry this positive momentum into the new week. The share price will likely open higher and attempt to re-test its intraday high of $82.44 as the buying pressure seen late Thursday continues.

Back to top button
close