Alphabet Inc. Cl A Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

Alkermes Plc

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ALKS 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.

Alphabet Inc. Cl A Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

4:32 pm ET November 30, 2022 (MarketWatch) Print

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

Shares of Alphabet Inc. Cl A (GOOGL) rallied 6.09% to $100.99 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 3.09% to 4,080.11 and the Dow Jones Industrial Average rising 2.18% to 34,589.77. The stock's rise snapped a three-day losing streak. Alphabet Inc. Cl A closed $50.56 short of its 52-week high ($151.55), which the company reached on February 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 6.16% to $255.14, Amazon.com Inc. (AMZN) rose 4.46% to $96.54, and Meta Platforms Inc. (META) rose 7.89% to $118.10. Trading volume (41.3 M) eclipsed its 50-day average volume of 32.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 30, 2022.

(END) Dow Jones Newswires

November 30, 2022 16:32 ET (21:32 GMT)