CME Group Inc. Cl A Stock Rises Thursday, Still Underperforms Market

Tricida Inc

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Health Care : Pharmaceuticals | Small Cap Value

Company profile

Tricida, Inc. is a pharmaceutical company, which is focused on the development and commercialization of its investigational drug candidate, veverimer (TRC101). TRC101, is a non-absorbed, orally administered polymer designed to treat metabolic acidosis by binding and removing acid from the gastrointestinal (GI), tract. Its Veverimer, is a low-swelling, spherical polymer bead that is approximately 100 micrometers in diameter, which is a single, molecular weight, crosslinked polyamine molecule. It is conducting renal outcomes clinical trial, VALOR-CKD (TRCA-303), to determine if veverimer slows CKD progression in patients with metabolic acidosis associated with CKD. The Company's VALOR-CKD trial is a randomized, double-blind, placebo-controlled, time-to-event trial.

CME Group Inc. Cl A Stock Rises Thursday, Still Underperforms Market

4:45 pm ET November 10, 2022 (MarketWatch) Print

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

Shares of CME Group Inc. Cl A (CME) rallied 1.95% to $174.34 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. CME Group Inc. Cl A closed $82.60 short of its 52-week high ($256.94), which the company reached on February 9th.

The stock underperformed when compared to some of its competitors Thursday, as Intercontinental Exchange Inc. (ICE) rose 5.43% to $102.54, MSCI Inc. (MSCI) rose 9.58% to $509.70, and Nasdaq Inc. (NDAQ) rose 4.09% to $66.21. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.

(END) Dow Jones Newswires

November 10, 2022 16:45 ET (21:45 GMT)