Simon Property Group Inc. Stock Underperforms Wednesday When Compared To Competitors

Alkermes Plc

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Health Care : Biotechnology | Small Cap Growth
Based in Ireland

Company profile

Alkermes Public Limited Company is an integrated biopharmaceutical company. It is engaged in researching, developing and commercializing pharmaceutical products that are designed to address unmet medical needs of patients in the fields of neuroscience and oncology. Its portfolio of commercial products focused on alcohol dependence, opioid dependence, schizophrenia and bipolar I disorder and a pipeline of product candidates in development for neurodegenerative disorders and cancer. Its products include ARISTADA, ARISTADA INITIO, LYBALVI and VIVITROL. ARISTADA is an extended-release intramuscular injectable suspension for the treatment of schizophrenia. LYBALVI is a once-daily, oral atypical antipsychotic drug for the treatment of adults with schizophrenia and for the treatment of adults with bipolar I disorder. VIVITROL is a non-narcotic, injectable medication for the treatment of alcohol dependence and for the prevention of relapse to opioid dependence, following opioid detoxification.

Simon Property Group Inc. Stock Underperforms Wednesday When Compared To Competitors

5:23 pm ET October 12, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Simon Property Group Inc. (SPG) shed 1.20% to $93.68 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.33% to 3,577.03 and Dow Jones Industrial Average falling 0.10% to 29,210.85. Simon Property Group Inc. closed $77.44 below its 52-week high ($171.12), which the company achieved on November 18th.

The stock underperformed when compared to some of its competitors Wednesday, as Alexandria Real Estate Equities Inc. (ARE) fell 1.06% to $133.06 and Vornado Realty Trust (VNO) fell 0.47% to $21.09. Trading volume (1.9 M) remained 38,346 below its 50-day average volume of 2.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 12, 2022.

(END) Dow Jones Newswires

October 12, 2022 17:23 ET (21:23 GMT)