DJ Biogen Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Biogen Inc. $(BIIB)$ advanced 3.76% to $138.45 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.04% to 6,115.07 and the Dow Jones Industrial Average rising 0.77% to 44,711.43.
The stock's rise snapped a two-day losing streak.
Biogen Inc. closed 41.83% short of its 52-week high of $238.00, which the company achieved on July 12th.
The stock outperformed some of its competitors Thursday, as Johnson & Johnson $(JNJ)$ rose 1.28% to $157.25, Pfizer Inc. $(PFE)$ rose 0.67% to $25.64, and AbbVie Inc. $(ABBV)$ rose 0.23% to $193.45.
Trading volume (2.3 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 13, 2025.
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February 13, 2025 17:08 ET (22:08 GMT)
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