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Warren Buffett’s Berkshire Hathaway Inc (NYSE: BRK-A) cleared its stake in Merck & Co Inc (NYSE: MRK) in Q3, right on the eve of a significant stock price boost thanks to the Phase 3 success of its Ridgeback Biotherapeutics-partnered COVID-19 pill molnupiravir. The molnupiravir data sent Merck’s share price from about $75 apiece the previous day to as high as about $84.
...read full article on Benzinga
