Diamonds and Dogs
3/27/24
Merck is the diamond today up 4% at a new all-time high, after the U.S. Food and Drug Administration approved Winrevair, the company's life-threatening lung condition treatment, for use among patients with pulmonary arterial hypertension. The drug is expected to dramatically reduce the risk of death and worsening events in patients.
Nvidia (NVDA) is down 3%. The white hot AI chip stock is lower today on no news. Proof the stock does not go up every day. The stock is up 82% year to date, however.
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