Diamonds and Dogs
10/19/21
The WHO likes Merck (MRK). Merck is up 3% after the World Health Organization said they intend to buy their antiviral Covid-19 pill for distribution in the world's poorer countries, once it is approved as safe to use.
Marriott International (MAR) hit with a downgrade. The hotel industry is slowly improving and should have a good 2022, but the stock is down nearly 3% after an analyst at Evercore hit the hotel chain with a downgrade saying, while the hotel industry is recovering better than many analysts anticipated, Marriott's stock already accounts for that, leaving little room for the stock to rise further. We'll see.
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