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Shares of TherapeuticsMD Inc. (TXMD) slid 8.39% to $8.19 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 5.16% to 11,633.57 and Dow Jones Industrial Average falling 3.94% to 31,104.97. The stock's fall snapped a two-day winning streak. TherapeuticsMD Inc. closed $32.71 below its 52-week high ($40.90), which the company reached on October 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Johnson & Johnson (JNJ) fell 2.60% to $161.33, Merck & Co. Inc. (MRK) fell 2.13% to $86.28, and Novartis AG ADR (NOVN.EB) fell 1.97% to $81.95. Trading volume (96,895) remained 562,776 below its 50-day average volume of 659,671.
Data source: Dow Jones Market Data, FactSet. Data compiled September 13, 2022.
(END) Dow Jones Newswires
September 13, 2022 17:26 ET (21:26 GMT)
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