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Co. PLC Stock Outperforms Competitors on Strong Trading Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2664885650","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664885650?lang=en_us&edition=fundamental","pubTime":"2026-09-01 05:30","pubTimestamp":1788211800,"startTime":"0","endTime":"0","summary":"DJ Perrigo Co. PLC Stock Outperforms Competitors On Strong Trading DayThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Perrigo Co. PLC  rallied 1.10% to $14.64 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index  falling 0.33% to 7,686.14 and Dow Jones Industrial Average  falling 0.70% to 53,185.90.This was the stock's second consecutive day of gains.Perrigo Co. PLC closed 38.87% below its 52-week high of $23.95, which the company reached on September 2nd.The stock outperformed some of its competitors Monday, as Johnson & Johnson  fell 0.82% to $265.85, Procter & Gamble Co.  rose 0.93% to $145.12, and Abbott Laboratories  fell 1.88% to $110.36.Trading volume  remained 929,348 below its 50-day average volume of 3.4 M.Data source: Dow Jones Market Data, FactSet. Data compiled August 31, 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Wedbush Securities said Monday in a report.Wedbush highlighted PN-8047, an oral version of rusfertide, a treatment recently approved for polycythemia vera and commercialized by Takeda Pharmaceutical . PN-8047 appears similarly potent and may move into a phase 2 study in 2027 if early safety and iron-lowering data are positive, the report said.Protagonist's cash position is strengthened by payments tied to rusfertide's regulatory approval, including a $200 million opt-out fee and a $75 million milestone, along with similar payments from Johnson & Johnson  for icotyde, an oral anti-inflammatory drug being developed for psoriasis and other immune conditions, the report said.Wedbush maintained its outperform rating on Protagonist stock with a $173 price target.Price: 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is Bigger than Ever. 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