Published on 15 Nov 2022 on Market Watch
TherapeuticsMD Inc. stock falls Monday, underperforms market
Shares of TherapeuticsMD Inc. slipped 7.45% to $6.46 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.12% to 11,196.22 and Dow Jones Industrial Average falling 0.63% to 33,536.70. The stock's fall snapped a three-day winning streak. TherapeuticsMD Inc. closed $25.29 short of its 52-week high ($31.75), which the company reached on November 15th.
The stock underperformed when compared to some of its competitors Monday, as Johnson & Johnson rose 1.57% to $171.91, Merck & Co. Inc. rose 2.44% to $100.35, and Novartis AG ADR fell 0.68% to $83.45. Trading volume (61,580) remained 8,824 below its 50-day average volume of 70,404.