United Parcel Service Inc. Cl B Stock Rises Tuesday, Still Underperforms Market

9 Meters Biopharma Inc

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Health Care : Pharmaceuticals | Small Cap Blend

Company profile

9 Meters Biopharma, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on developing treatments for people with rare digestive diseases, gastrointestinal (GI) conditions with unmet needs. Its pipeline includes Vurolenatide, Larazotide, NM-102, NM-003, NM-136 and NM-004. Vurolenatide is a long-acting glucagon-like peptide-1 (GLP-1) receptor agonist that combines exenatide with an extended half-life technology for treatment of short bowel syndrome (SBS). Larazotide is an 8-amino acid peptide formulated into an orally administered capsule for treatment of celiac disease. NM-102 is a small molecule peptide, is being developed as a potential microbiome modulator and is undergoing an indication selection process. NM-003 is a long-acting GLP-2 receptor agonist, for prevention of acute graft versus host disease. NM-004 is a double-cleaved mesalamine with an immunomodulator for pediatric ulcerative colitis.

United Parcel Service Inc. Cl B Stock Rises Tuesday, Still Underperforms Market

5:29 pm ET November 22, 2022 (MarketWatch) Print

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

Shares of United Parcel Service Inc. Cl B (UPS) advanced 1.18% to $182.74 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. This was the stock's third consecutive day of gains. United Parcel Service Inc. Cl B closed $50.98 below its 52-week high ($233.72), which the company reached on February 1st.

The stock outperformed some of its competitors Tuesday, as FedEx Corp. (FDX) rose 1.17% to $175.67, Deutsche Post AG ADR (DPW.XE) rose 0.66% to $39.47, and Expeditors International of Washington Inc. (EXPD) rose 0.50% to $114.12. Trading volume (2.2 M) remained 1.1 million below its 50-day average volume of 3.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.

(END) Dow Jones Newswires

November 22, 2022 17:29 ET (22:29 GMT)