McKesson Up Over 7% After Opioid Settlement Talk News -- Data Talk

McKesson Corporation (MCK) is currently at $148.23, up $10.06 or 7.28%

-- Would be highest close since Sept. 11, 2019, when it closed at $148.53

-- On pace for largest percent increase since May 19, 2017, when it rose 8.18%

-- Three major drug distributors, including McKesson Corp., are in talks to pay $18 billion to settle sweeping litigation brought by state and local governments blaming them for fueling the opioid crisis, people familiar with the discussions said

-- Currently up six of the past seven days

-- Currently up two consecutive days; up 10.54% over this period

-- Best two day stretch since the two days ending Nov. 10, 2016, when it rose 13.01%

-- Up 8.47% month-to-date

-- Up 34.18% year-to-date; on pace for best year since 2013, when it rose 66.46%

-- Down 38.94% from its all-time closing high of $242.75 on May 18, 2015

-- Up 9.77% from 52 weeks ago (Oct. 17, 2018), when it closed at $135.04

-- Traded as high as $148.40; highest intraday level since Sept. 20, 2019, when it hit $148.64

-- Up 7.4% at today's intraday high; largest intraday percent increase since Aug. 1, 2019, when it rose as much as 7.95%

-- Best performer in the S&P 500 today

All data as of 10:29:56 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 16, 2019 10:57 ET (14:57 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.