AbbVie Inc. Stock Falls Monday, Underperforms Market
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Shares of AbbVie Inc. (ABBV) slid 2.94% to $161.66 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.08% to 3,892.09 and Dow Jones Industrial Average falling 0.34% to 33,517.65. AbbVie Inc. closed $14.25 short of its 52-week high ($175.91), which the company achieved on April 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Johnson & Johnson (JNJ) fell 2.59% to $175.58 and Pfizer Inc. (PFE) fell 4.97% to $48.39. Trading volume (7.8 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.
(END) Dow Jones Newswires
January 09, 2023 16:33 ET (21:33 GMT)
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