Shares of Amgen Inc. AMGN, 0.31% slid 2.85% to $255.70 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, 0.71% rising 0.65% to 4,193.80 and the Dow Jones Industrial Average DJIA, 0.46% rising 0.38% to 33,052.87.
Amgen Inc. closed $40.97 short of its 52-week high ($296.67), which the company achieved on November 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Johnson & Johnson JNJ, 0.47% rose 0.89% to $148.34 and Pfizer Inc. PFE, 0.34% rose 0.03% to $30.56.
Trading volume (4.8 M) eclipsed its 50-day average volume of 2.4 M.