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Shares of TherapeuticsMD Inc. (TXMD) slumped 0.12% to $8.08 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.60% to 11,862.13 and the Dow Jones Industrial Average rising 0.61% to 31,774.52. This was the stock's third consecutive day of losses. TherapeuticsMD Inc. closed $32.82 short of its 52-week high ($40.90), which the company reached on October 21st.
The stock underperformed when compared to some of its competitors Thursday, as Johnson & Johnson (JNJ) rose 0.80% to $165.39, Merck & Co. Inc. (MRK) rose 0.63% to $87.42, and Novartis AG ADR (NOVN.EB) rose 0.40% to $81.26. Trading volume (123,642) remained 568,521 below its 50-day average volume of 692,163.
Data source: Dow Jones Market Data, FactSet. Data compiled September 8, 2022.
(END) Dow Jones Newswires
September 08, 2022 17:25 ET (21:25 GMT)
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