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Shares of TherapeuticsMD Inc. (TXMD) shed 2.05% to $6.22 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.80% to 10,867.93 and Dow Jones Industrial Average falling 1.62% to 29,590.41. This was the stock's fifth consecutive day of losses. TherapeuticsMD Inc. closed $34.68 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 Friday, as Johnson & Johnson (JNJ) rose 0.32% to $166.72, Merck & Co. Inc. (MRK) fell 0.83% to $86.78, and Novartis AG ADR (NOVN.EB) fell 1.46% to $76.01. Trading volume (85,091) remained 333,414 below its 50-day average volume of 418,505.
Data source: Dow Jones Market Data, FactSet. Data compiled September 23, 2022.
(END) Dow Jones Newswires
September 23, 2022 17:26 ET (21:26 GMT)
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