PepsiCo Inc. Stock Falls Thursday, Still Outperforms Market

Spectrum Pharmaceuticals Inc

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Health Care : Biotechnology | Small Cap Value

Company profile

Spectrum Pharmaceuticals, Inc. is a biopharmaceutical company. The Company is focused on acquiring, developing, and commercializing targeted oncology therapies. The Company's product portfolio consists of in-development drug products for the treatment of cancer patients. The Company's pipeline products include Eflapegrastim and Poziotinib. The Eflapegrastim is a long-acting granulocyte colony-stimulating factor (G-CSF) for chemotherapy-induced neutropenia. Poziotinib is a, pan-HER inhibitor that irreversibly blocks signaling through the Epidermal Growth Factor Receptor (EGFR) family of tyrosine-kinase receptors, including HER1 (erbB1; EGFR), HER2 (erbB2), HER4 (erbB4), and HER receptor mutations. The Eflapegrastim employs a LAPSCOVERY technology to enhance the duration of therapeutic effects and reduce the frequency of administration.

PepsiCo Inc. Stock Falls Thursday, Still Outperforms Market

5:16 pm ET October 27, 2022 (MarketWatch) Print

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

Shares of PepsiCo Inc. (PEP) slipped 0.11% to $178.88 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.61% to 32,033.28 and the S&P 500 Index falling 0.61% to 3,807.30. The stock's fall snapped a four-day winning streak. PepsiCo Inc. closed $2.19 below its 52-week high ($181.07), which the company reached on August 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Nestle S.A. ADR (NESN.EB) fell 2.57% to $106.69, Coca-Cola Co. (KO) rose 0.24% to $59.53, and Unilever PLC ADR (ULVR.LN) fell 0.62% to $44.70. Trading volume (5.4 M) eclipsed its 50-day average volume of 5.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2022.

(END) Dow Jones Newswires

October 27, 2022 17:16 ET (21:16 GMT)