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Johnson & Johnson stock falls Thursday, underperforms market

Editorial Staff by Editorial Staff
October 29, 2021
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Johnson & Johnson stock falls Thursday, underperforms market

Shares of Johnson & Johnson JNJ, -0.54% sank 0.54% to $162.85 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.98% rising 0.98% to 4,596.42 and the Dow Jones Industrial Average DJIA, +0.68% rising 0.68% to 35,730.48. This was the stock’s second consecutive day of losses. Johnson & Johnson closed $17.07 below its 52-week high ($179.92), which the company achieved on August 20th.

The stock underperformed when compared to some of its competitors Thursday, as Roche Holding AG Part. Cert. RHHVF, +1.56% rose 1.56% to $391.00, Merck & Co. Inc. MRK, +6.14% rose 6.14% to $86.55, and Pfizer Inc. PFE, +0.49% rose 0.49% to $43.18. Trading volume (6.3 M) eclipsed its 50-day average volume of 6.1 M.

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