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Ocugen Inc. stock outperforms market on strong trading day

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Terrence Horan

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Shares of Ocugen Inc. OCGN, +5.40% rallied 8.88% to $10.05 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. This was the stock's fourth consecutive day of gains. Ocugen Inc. closed $8.72 short of its 52-week high ($18.77), which the company reached on February 8th.

The stock outperformed some of its competitors Thursday, as Adverum Biotechnologies Inc. ADVM, -1.47% fell 0.47% to $2.14, Ocular Therapeutix Inc. OCUL, -1.31% fell 1.21% to $11.40, and Kodiak Sciences Inc. KOD, -0.14% rose 2.72% to $109.66. Trading volume (72.7 M) eclipsed its 50-day average volume of 15.0 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.