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E-book
Author Hutchins, Spencer, author

Title Lehman Brothers research : an analyst decides that the market overreacted to Merck's Vioxx woes / Spencer Hutchins
Published [London] : SAGE, 2016
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Description 1 online resource : illustrations (black and white, and colour)
Series SAGE knowledge. Cases
SAGE knowledge. Cases
Summary In September 2004, Merck announced a voluntary withdrawal of Vioxx, one of its top earning drugs, after a new study suggested that it increased the risk of heart attacks. In only a few days, Merck's share price collapsed, and nearly $25 billion in shareholder wealth was erased. This case examines the market reaction to Merck's product recall
Notes Originally Published in: Hutchins, S. (2006). Lehman Brothers Research: An Analyst Decides that the Market Overreacted to Merck's Vioxx Woes. 06-014. New Haven, CT: Yale School of Management, Yale University
Description based on online resource; title from home page (viewed on May 3, 2016)
Subject Merck & Co.
Investment analysis -- Case studies.
Stocks -- Prices -- Case studies.
Genre/Form Case studies.
Form Electronic book
ISBN 9781473974418 (ebook)