Johnson & Johnson Stock Falls Thursday, Still Outperforms Market
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Shares of Johnson & Johnson (JNJ) slumped 0.14% to $169.53 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.76% to 3,898.85 and Dow Jones Industrial Average falling 0.76% to 33,044.56. This was the stock's eighth consecutive day of losses. Johnson & Johnson closed $17.16 below its 52-week high ($186.69), which the company achieved on April 25th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Procter & Gamble Co. (PG) fell 2.11% to $142.42. Trading volume (6.9 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2023.
(END) Dow Jones Newswires
January 19, 2023 16:33 ET (21:33 GMT)
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