Published on 8 Nov 2022 on Market Watch
Shares of Ocugen Inc. rose 7.19% to $1.64 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,828.11 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. Ocugen Inc. closed $8.31 short of its 52-week high ($9.95), which the company reached on November 9th.
The stock outperformed some of its competitors Tuesday, as Adverum Biotechnologies Inc. fell 5.84% to $0.73, Ocular Therapeutix Inc. fell 10.99% to $3.16, and Kodiak Sciences Inc. fell 2.56% to $6.85. Trading volume (5.2 M) eclipsed its 50-day average volume of 4.9 M.