DJ Biogen Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Biogen Inc. $(BIIB)$ rallied 1.97% to $176.93 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.23% to 5,782.76 and the Dow Jones Industrial Average rising 1.02% to 42,221.88.
The stock's rise snapped a five-day losing streak.
Biogen Inc. closed $91.37 short of its 52-week high ($268.30), which the company achieved on January 3rd.
The stock outperformed some of its competitors Tuesday, as Johnson & Johnson $(JNJ)$ rose 0.07% to $158.35 and Pfizer Inc. $(PFE)$ rose 0.83% to $27.99.
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 5, 2024.
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(END) Dow Jones Newswires
November 05, 2024 17:06 ET (22:06 GMT)
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