Electronic Arts Inc. Stock Rises Friday, Still Underperforms Market

Spectrum Pharmaceuticals Inc

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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.

Electronic Arts Inc. Stock Rises Friday, Still Underperforms Market

4:50 pm ET November 11, 2022 (MarketWatch) Print

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

Shares of Electronic Arts Inc. (EA) inched 0.71% higher to $131.23 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. This was the stock's second consecutive day of gains. Electronic Arts Inc. closed $15.36 below its 52-week high ($146.59), which the company achieved on November 12th.

The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) rose 1.70% to $247.11, Walt Disney Co. (DIS) rose 5.03% to $95.01, and Sony Group Corp. ADR (6758.TO) rose 3.22% to $83.09. Trading volume (2.1 M) eclipsed its 50-day average volume of 2.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.

(END) Dow Jones Newswires

November 11, 2022 16:50 ET (21:50 GMT)