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Shares of TherapeuticsMD Inc. (TXMD) advanced 6.36% to $10.20 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.25% to 12,938.12 and Dow Jones Industrial Average falling 0.50% to 33,980.32. This was the stock's fourth consecutive day of gains. TherapeuticsMD Inc. closed $33.16 short of its 52-week high ($43.36), which the company reached on August 25th.
The stock outperformed some of its competitors Wednesday, as Johnson & Johnson (JNJ) rose 0.01% to $167.58, Merck & Co. Inc. (MRK) rose 0.50% to $91.04, and Novartis AG ADR (NOVN.EB) fell 0.70% to $85.22. Trading volume (329,343) remained 667,317 below its 50-day average volume of 996,660.
Data source: Dow Jones Market Data, FactSet. Data compiled August 17, 2022.
(END) Dow Jones Newswires
August 17, 2022 17:25 ET (21:25 GMT)
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