AbbVie Inc. Stock Falls Tuesday, Underperforms Market
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Shares of AbbVie Inc. (ABBV) dropped 0.50% to $152.83 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.20% to 3,990.97 and Dow Jones Industrial Average falling 1.14% to 33,910.85. AbbVie Inc. closed $23.08 short of its 52-week high ($175.91), which the company reached on April 8th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Johnson & Johnson (JNJ) fell 0.62% to $172.36 and Pfizer Inc. (PFE) fell 3.70% to $46.08. Trading volume (7.5 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 17, 2023.
(END) Dow Jones Newswires
January 17, 2023 16:33 ET (21:33 GMT)
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