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Merck & Co., Inc. $MRK Shares Sold by Intact Investment Management Inc.
Intact Investment Management Inc. reduced its stake in Merck & Co., Inc. (NYSE:MRK) by 8.8% in the fourth quarter, selling 17,600 shares. Other institutional investors also adjusted their holdings, with several increasing their stakes, while insiders sold a significant number of shares totaling over $38 million. The article also covers recent positive Q1 results and regulatory approvals for Merck, alongside analyst re-ratings and the company’s financial outlook.