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Shares of TherapeuticsMD Inc. (TXMD) tumbled 11.53% to $7.06 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.76% to 11,535.02 and the Dow Jones Industrial Average rising 0.64% to 31,019.68. TherapeuticsMD Inc. closed $33.84 short of its 52-week high ($40.90), which the company achieved on October 21st.
The stock underperformed when compared to some of its competitors Monday, as Johnson & Johnson (JNJ) fell 0.79% to $166.28, Merck & Co. Inc. (MRK) fell 1.23% to $86.64, and Novartis AG ADR (NOVN.EB) rose 0.10% to $80.73. Trading volume (120,568) remained 462,007 below its 50-day average volume of 582,575.
Data source: Dow Jones Market Data, FactSet. Data compiled September 19, 2022.
(END) Dow Jones Newswires
September 19, 2022 17:26 ET (21:26 GMT)
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