Bristol Myers Squibb Co. Stock Rises Friday, Still Underperforms Market
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Shares of Bristol Myers Squibb Co. (BMY) inched 0.16% higher to $69.30 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.61% to 4,045.64 and the Dow Jones Industrial Average rising 1.17% to 33,390.97. Bristol Myers Squibb Co. closed $12.14 short of its 52-week high ($81.44), which the company achieved on December 1st.
The stock underperformed when compared to some of its competitors Friday, as Johnson & Johnson (JNJ) rose 1.03% to $154.02, Pfizer Inc. (PFE) rose 1.30% to $41.15, and Abbott Laboratories (ABT) rose 1.77% to $104.45. Trading volume (6.5 M) remained 1.4 million below its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2023.
(END) Dow Jones Newswires
March 03, 2023 16:42 ET (21:42 GMT)
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