DJ Biogen Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Biogen Inc. $(BIIB)$ sank 0.16% to $173.52 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
This was the stock's fifth consecutive day of losses.
Biogen Inc. closed $94.78 short of its 52-week high ($268.30), which the company reached on January 3rd.
Despite its losses, the stock outperformed some of its competitors Monday, as Johnson & Johnson $(JNJ)$ fell 1.18% to $158.24 and Pfizer Inc. $(PFE)$ fell 1.17% to $27.76.
Trading volume (2.5 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 17:05 ET (22:05 GMT)
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