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Merck Slumps to 82nd in Trading Volume Ranking as Keytruda Approval Fails to Stem Stock Decline
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 17, 2025 8:14 pm ET1min read
On June 17, 2025,
(MRK) experienced a significant decline, with its trading volume reaching $770 million, marking a 24.24% decrease from the previous day. This drop placed Merck at the 82nd position in terms of trading volume for the day. The stock has been on a downward trend for three consecutive days, with a total decline of 4.31% over this period.Merck received approval from the U.S. Food and Drug Administration (FDA) to expand the use of its blockbuster drug, Keytruda, for the treatment of adult patients with PD-L1-positive resectable locally advanced head and neck squamous cell carcinoma. This approval allows Keytruda to be used as a neoadjuvant treatment, followed by adjuvant therapy.
This expansion of Keytruda's indications is a significant development for Merck, as it broadens the drug's market potential and reinforces its position in the oncology space. Keytruda, a PD-1 inhibitor, has been a key driver of Merck's growth, and this new approval is expected to further boost its sales and market share.
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