Johnson & Johnson Stock Falls Friday, Underperforms Market
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Shares of Johnson & Johnson (JNJ) dropped 0.33% to $173.43 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.40% to 3,999.09 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. This was the stock's fifth consecutive day of losses. Johnson & Johnson closed $13.26 short of its 52-week high ($186.69), which the company achieved on April 25th.
The stock underperformed when compared to some of its competitors Friday, as Procter & Gamble Co. (PG) rose 0.71% to $150.88. Trading volume (6.1 M) remained 329,678 below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.
(END) Dow Jones Newswires
January 13, 2023 16:33 ET (21:33 GMT)
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