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Shares of TherapeuticsMD Inc. (TXMD) slid 5.51% to $6.35 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.37% to 11,066.81 and Dow Jones Industrial Average falling 0.35% to 30,076.68. This was the stock's fourth consecutive day of losses. TherapeuticsMD Inc. closed $34.55 below its 52-week high ($40.90), which the company achieved on October 21st.
The stock underperformed when compared to some of its competitors Thursday, as Johnson & Johnson (JNJ) rose 1.78% to $166.18, Merck & Co. Inc. (MRK) rose 3.53% to $87.51, and Novartis AG ADR (NOVN.EB) fell 0.52% to $77.14. Trading volume (138,717) remained 312,574 below its 50-day average volume of 451,291.
Data source: Dow Jones Market Data, FactSet. Data compiled September 22, 2022.
(END) Dow Jones Newswires
September 22, 2022 17:26 ET (21:26 GMT)
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