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Regeneron Pharmaceuticals Inc. stock falls Tuesday, underperforms market

Editorial Staff by Editorial Staff
April 20, 2022
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Regeneron Pharmaceuticals Inc. stock falls Tuesday, underperforms market

Shares of Regeneron Pharmaceuticals Inc. REGN, -0.97% slipped 0.97% to $716.22 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.61% rising 1.61% to 4,462.21 and the Dow Jones Industrial Average DJIA, +1.45% rising 1.45% to 34,911.20. This was the stock’s second consecutive day of losses. Regeneron Pharmaceuticals Inc. closed $31.20 short of its 52-week high ($747.42), which the company achieved on April 8th.

The stock underperformed when compared to some of its competitors Tuesday, as Johnson & Johnson JNJ, +3.05% rose 3.05% to $183.08, Novartis AG ADR NVS, -0.72% fell 0.72% to $91.60, and Amgen Inc. AMGN, +0.57% rose 0.57% to $253.37. Trading volume (467,979) remained 228,141 below its 50-day average volume of 696,120.

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