Amgen Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Amgen Inc. (AMGN) dropped 0.24% to $216.93 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.
This was the stock's third consecutive day of losses.
Amgen Inc. closed $79.74 below 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 Friday, as Johnson & Johnson (JNJ) fell 0.04% to $154.35 and Pfizer Inc. (PFE) fell 0.61% to $37.60.
Trading volume (3.0 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
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May 26, 2023 16:37 ET (20:37 GMT)
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