EdgeWater 12/15/2010 1:48:10 AM
News / Business

Drug Stocks Rallying Today (Merck & Co, Eli Lilly & Co., MYL, MDT)

Drug Stocks Rallying Today

Merck & Co., Inc. (NYSE:MRK) added 1.41% to $36.61. Merck & Co., Inc. is a global health care company that delivers health solutions through its medicines, vaccines, biologic therapies, and consumer and animal products, which it markets directly and through its joint ventures.   

The stock has average daily volume of 16.78 million shares. At current market price, the market capitalization of the company stands at $112.79 billion.

Eli Lilly & Co. (NYSE:LLY) is up 0.26% to $35.06. The company announced that the Board has declared a dividend for the first quarter of 2011 of $0.49 a share on outstanding common stock. The dividend is payable March 10, 2011 to shareholders of record at the close of business on February 15, 2011.

The stock opened at $35.10 and is trading within the range of $34.93-$35.20. The stock dropped more than 1% year-to-date.

Mylan Inc. (NASDAQ:MYL) jumped 3.76% to $20.58. The 52-week range of the stock is $16.55-$23.63. The stock is up more than 11% year-to-date.  

The stock has average daily volume of 8.39 million shares.

Medtronic, Inc. (NYSE:MDT) rose 0.66% to $36.35. The 52-week range of the stock is $30.80-$46.66. The stock dropped more than 17% year-to-date.  

The average daily volume of the stock is 6.39 million shares. At current market price, the market capitalization of the company stands at $39.01 billion.

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