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MKKGY Merck KGaA (PK)

32.735
0.395 (1.22%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Merck KGaA (PK) USOTC:MKKGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.395 1.22% 32.735 32.33 33.33 33.0285 32.60 33.0285 31,979 21:29:53

Precigen Shares Gain 20% as Germany's Merck Raises Stake

09/10/2020 3:38pm

Dow Jones News


Merck KGaA (PK) (USOTC:MKKGY)
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By Colin Kellaher

 

Shares of Precigen Inc. rose more than 20% on Friday after Germany's Merck KGaA raised its stake in the biopharmaceutical company.

Precigen said Merck, its second-largest shareholder, opted to convert a $25 million note into common stock early, boosting its stake in the Germantown, Md., company to 14.8% from 11.6%.

Precigen shares were recently up 20.6% to $5.32.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

October 09, 2020 10:23 ET (14:23 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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