Regeneron Pharmaceuticals Inc. Stock Rises Thursday, Still Underperforms Market

Shift Technologies Inc

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Consumer Discretionary : Specialty Retail | Small Cap Blend

Company profile

Shift Technologies, Inc. is an end-to-end e-commerce platform transforming the used car industry with a technology-driven customer experience. Its segments include Retail and Wholesale. The Retail segment represents retail sales of used vehicles through the Company's e-commerce platform and fees earned on sales of value-added products associated with those vehicles sales, such as vehicle service contracts, guaranteed asset protection waiver coverage, prepaid maintenance plans, and appearance protection plans. The Wholesale segment represents sales of used vehicles through wholesale auctions or directly to a wholesaler (DTW). It provides technology-driven solutions throughout the car ownership lifecycle. It operates approximately nine vehicle inventory inspection, reconditioning and storage centers, with six spanning the West Coast from San Diego to Seattle and three new facilities in Austin, San Antonio and Dallas, Texas. It conducts its business through its wholly owned subsidiaries.

Regeneron Pharmaceuticals Inc. Stock Rises Thursday, Still Underperforms Market

5:18 pm ET April 28, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Regeneron Pharmaceuticals Inc. (REGN) inched 0.31% higher to $675.58 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,287.50 and the Dow Jones Industrial Average rising 1.85% to 33,916.39. The stock's rise snapped a two-day losing streak. Regeneron Pharmaceuticals Inc. closed $71.84 short of its 52-week high ($747.42), which the company achieved on April 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Johnson & Johnson (JNJ) rose 0.75% to $183.46, Novartis AG ADR (NOVN.EB) rose 0.91% to $90.22, and Amgen Inc. (AMGN) fell 4.28% to $238.13. Trading volume (555,619) remained 80,551 below its 50-day average volume of 636,170.

Data source: Dow Jones Market Data, FactSet. Data compiled April 28, 2022.

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April 28, 2022 17:18 ET (21:18 GMT)