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NewEdge Wealth LLC Has $9.33 Million Stock Position in Merck & Co., Inc. $MRK
NewEdge Wealth LLC significantly increased its stake in Merck & Co., Inc. by 37.8% in Q4, now holding 88,597 shares valued at $9.33 million. Merck’s recent earnings surpassed expectations, with EPS of -$1.28 and revenue of $16.29 billion, and the company reaffirmed its FY 2026 guidance. While Merck benefits from pipeline progress and new agreements, it faces potential legal risks from a pending Gardasil trial.