AbbVie Inc. Stock Falls Thursday, Underperforms Market
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Shares of AbbVie Inc. (ABBV) slipped 2.23% to $152.22 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.34% to 3,983.17 and the Dow Jones Industrial Average rising 0.64% to 34,189.97. This was the stock's fourth consecutive day of losses. AbbVie Inc. closed $23.69 below its 52-week high ($175.91), which the company achieved on April 8th.
The stock underperformed when compared to some of its competitors Thursday, as Johnson & Johnson (JNJ) fell 0.50% to $174.00 and Pfizer Inc. (PFE) rose 0.55% to $47.71. Trading volume (7.6 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2023.
(END) Dow Jones Newswires
January 12, 2023 16:33 ET (21:33 GMT)
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