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Shares of TherapeuticsMD Inc. (TXMD) slid 8.77% to $7.80 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.43% to 11,552.36 and Dow Jones Industrial Average falling 0.56% to 30,961.82. TherapeuticsMD Inc. closed $33.10 below 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 0.26% to $165.08, Merck & Co. Inc. (MRK) fell 0.23% to $86.75, and Novartis AG ADR (NOVN.EB) fell 0.21% to $80.74. Trading volume (95,713) remained 551,231 below its 50-day average volume of 646,944.
Data source: Dow Jones Market Data, FactSet. Data compiled September 15, 2022.
(END) Dow Jones Newswires
September 15, 2022 17:27 ET (21:27 GMT)
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