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Shares of TherapeuticsMD Inc. (TXMD) slid 4.00% to $9.59 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 2.55% to 12,381.57 and Dow Jones Industrial Average falling 1.91% to 33,063.61. This was the stock's second consecutive day of losses. TherapeuticsMD Inc. closed $33.77 short of its 52-week high ($43.36), which the company achieved on August 25th.
The stock underperformed when compared to some of its competitors Monday, as Johnson & Johnson (JNJ) fell 0.35% to $167.59, Merck & Co. Inc. (MRK) fell 1.00% to $91.16, and Novartis AG ADR (NOVN.EB) fell 1.60% to $84.39. Trading volume (133,223) remained 826,887 below its 50-day average volume of 960,110.
Data source: Dow Jones Market Data, FactSet. Data compiled August 22, 2022.
(END) Dow Jones Newswires
August 22, 2022 17:25 ET (21:25 GMT)
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