Lowe's Cos. Stock Falls Monday, 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.

Lowe's Cos. Stock Falls Monday, Still Outperforms Market

5:15 pm ET November 28, 2022 (MarketWatch) Print

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

Shares of Lowe's Cos. (LOW) slid 0.91% to $209.04 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. This was the stock's third consecutive day of losses. Lowe's Cos. closed $54.27 below its 52-week high ($263.31), which the company reached on December 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Amazon.com Inc. (AMZN) rose 0.58% to $93.95, Home Depot Inc. (HD) fell 2.29% to $318.92, and Walmart Inc. (WMT) rose 0.29% to $153.51. Trading volume (2.2 M) remained 1.6 million below its 50-day average volume of 3.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.

(END) Dow Jones Newswires

November 28, 2022 17:15 ET (22:15 GMT)