Bristol Myers Squibb Co. Stock Falls Tuesday, Still Outperforms Market
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Shares of Bristol Myers Squibb Co. (BMY) slipped 1.31% to $68.00 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. This was the stock's second consecutive day of losses. Bristol Myers Squibb Co. closed $13.44 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 Tuesday, as Johnson & Johnson (JNJ) fell 0.94% to $154.09, Pfizer Inc. (PFE) fell 1.87% to $40.34, and Abbott Laboratories (ABT) fell 2.70% to $99.98. Trading volume (8.1 M) eclipsed its 50-day average volume of 7.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 16:42 ET (21:42 GMT)
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