Johnson & Johnson stock falls Friday, underperforms market

© Terrence Horan


Shares of Johnson & Johnson slipped 0.82% to $175.74 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.73% to 3,934.38 and Dow Jones Industrial Average falling 0.90% to 33,476.46. The stock’s fall snapped a two-day winning streak. Johnson & Johnson closed $10.95 below its 52-week high ($186.69), which the company reached on April 25th.

The stock underperformed when compared to some of its competitors Friday, as Procter & Gamble Co. fell 0.26% to $150.92. Trading volume (4.4 M) remained 2.2 million below its 50-day average volume of 6.6 M.

Continue Reading