Shares of Johnson & Johnson JNJ, -0.21% sank 0.21% to $163.29 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.15% rising 1.15% to 4,378.41 and the Dow Jones Industrial Average DJIA, +0.63% rising 0.63% to 33,926.74.
This was the stock’s third consecutive day of losses.
Johnson & Johnson closed $19.68 short of its 52-week high ($182.97), which the company achieved on June 28th.
The stock underperformed when compared to some of its competitors Tuesday, as Procter & Gamble Co. PG, +0.95% rose 0.95% to $150.02.
Trading volume (4.9 M) remained 1.8 million below its 50-day average volume of 6.7 M.