Omnicom Group Inc. Stock Falls Monday, Underperforms Market

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.

Omnicom Group Inc. Stock Falls Monday, Underperforms Market

5:14 pm ET November 14, 2022 (MarketWatch) Print

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

Shares of Omnicom Group Inc. (OMC) slipped 1.44% to $76.39 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. The stock's fall snapped a two-day winning streak. Omnicom Group Inc. closed $15.22 short of its 52-week high ($91.61), which the company achieved on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Publicis Groupe S.A. ADR (PUB.FR) fell 1.65% to $16.09 and Interpublic Group of Cos. (IPG) fell 0.12% to $32.45. Trading volume (1.2 M) remained 365,988 below its 50-day average volume of 1.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.

(END) Dow Jones Newswires

November 14, 2022 17:14 ET (22:14 GMT)