Broadcom Inc. Stock Outperforms Competitors On Strong Trading Day

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.

Broadcom Inc. Stock Outperforms Competitors On Strong Trading Day

4:39 pm ET October 21, 2022 (MarketWatch) Print

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

Shares of Broadcom Inc. (AVGO) advanced 4.52% to $449.73 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.37% to 3,752.75 and the Dow Jones Industrial Average rising 2.47% to 31,082.56. Broadcom Inc. closed $228.03 short of its 52-week high ($677.76), which the company reached on December 28th.

The stock outperformed some of its competitors Friday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) rose 0.27% to $63.75, NVIDIA Corp. (NVDA) rose 2.23% to $124.66, and Intel Corp. (INTC) rose 3.41% to $26.97. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2022.

(END) Dow Jones Newswires

October 21, 2022 16:39 ET (20:39 GMT)