Johnson & Johnson Stock Falls Wednesday, Underperforms Market
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Shares of Johnson & Johnson (JNJ) sank 0.16% to $174.88 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.28% to 3,969.61 and the Dow Jones Industrial Average rising 0.80% to 33,973.01. This was the stock's third consecutive day of losses. Johnson & Johnson closed $11.81 short of its 52-week high ($186.69), which the company achieved on April 25th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Procter & Gamble Co. (PG) fell 0.81% to $150.66. Trading volume (6.4 M) remained 44,618 below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2023.
(END) Dow Jones Newswires
January 11, 2023 16:33 ET (21:33 GMT)
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