BUZZ-Merck jumps as lab demand lifts 2026 outlook
Merck
Merck MRK | 0.00 |
** Germany's Merck MRCG.DE is up 4.4% in early Frankfurt trade after it raised its full-year guidance on stronger demand for its lab supplies and delayed competition for its Mavenclad multiple sclerosis drug
** The science and healthcare firm also reported higher-than-expected Q1 EBITDA of 1.53 billion euros, beating average analyst expectations of 1.46 billion euros
** "Given the strong set of results and FY’26 Guidance upgrade... we expect the shares to outperform by 2-3% today," JPMorgan says
** The stock is at the top of German blue-chip index DAX .GDAXI in early Frankfurt trade
