Merck Lower After Mixed Q1 Report

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Merck & Co., Inc. MRK shares are trading lower by $1.16 at $53.65 in Thursday's session. Despite an EPS beat of $0.04, the Street is concerned with its slight revenue miss.

Following a lower open, it could only manage a $0.03 pop to $54.31 before continuing its move lower. The ensuing decline took the issue to $53.34 before staging a rebound.

That marks the lowest level for the issue since it bottomed on April 4 at $52.44.

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