Amgen Inc. Stock Falls Thursday, Underperforms Market
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Shares of Amgen Inc. (AMGN) slid 0.35% to $224.23 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
This was the stock's third consecutive day of losses.
Amgen Inc. closed $72.44 short of its 52-week high ($296.67), which the company reached on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Johnson & Johnson (JNJ) fell 0.32% to $158.48 and Pfizer Inc. (PFE) fell 0.73% to $36.48.
Trading volume (2.2 M) remained 30,025 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 16:37 ET (20:37 GMT)
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