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Shares of Amgen Inc. (AMGN) sank 0.32% to $225.02 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,158.77 and the Dow Jones Industrial Average rising 1.24% to 33,420.77.
This was the stock's second consecutive day of losses.
Amgen Inc. closed $71.65 below its 52-week high ($296.67), which the company achieved on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Johnson & Johnson (JNJ) fell 0.22% to $158.99 and Pfizer Inc. (PFE) fell 0.70% to $36.75.
Trading volume (3.1 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2023.
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May 17, 2023 16:37 ET (20:37 GMT)
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