Bristol Myers Squibb Co. Stock Falls Friday, Underperforms Market
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Shares of Bristol Myers Squibb Co. (BMY) slid 0.74% to $72.45 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,070.56 and the Dow Jones Industrial Average rising 0.08% to 33,978.08. This was the stock's second consecutive day of losses. Bristol Myers Squibb Co. closed $8.99 below its 52-week high ($81.44), which the company reached on December 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Johnson & Johnson (JNJ) fell 0.39% to $168.23, Pfizer Inc. (PFE) fell 1.04% to $43.79, and Abbott Laboratories (ABT) fell 1.01% to $109.95. Trading volume (5.4 M) remained 3.4 million below its 50-day average volume of 8.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2023.
(END) Dow Jones Newswires
January 27, 2023 16:42 ET (21:42 GMT)
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