Merck stock spikes after CEO leaves Trump council

[highplainsdem]

Source: The Hill

Stock prices for Merck & Co. jumped Monday morning shortly after the pharmaceutical company’s CEO announced he’d step down from a council advising President Trump, citing the president’s response to the violence in Charlottesville, Va.

Merck’s stock price rose roughly 1 percent, its biggest jump in nearly in a month, following chairman and CEO Kenneth Frazier’s announcement that he would leave Trump’s American Manufacturing Council.

Trump blasted Frazier on Twitter soon after the announcement, saying the CEO “will have more time to LOWER RIPOFF DRUG PRICES!”

Frazier’s departure comes after Trump was widely criticized for his response to violent attacks by white nationalist groups in Charlottesville that left three dead and more than a dozen injured.

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Read more: http://thehill.com/policy/finance/346457-merck-stock-spike-after-ceo-leaves-trump-council-over-charlottesville

[DK504]

1. Hey Donnie Dumbass!

Maybe if the Congress would allow negotiate for lower drug prices people wouldn't have to choose between food or drugs. Evil, just evil.

[Sunlei]

2. yay! Merck should start a public insurance plan in USA to give those 3 Insur. Corps some competition

[Coventina]

3. Ha! If I have $$ I'd buy some too!