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Johnson & Johnson stock falls Wednesday, underperforms market

by author
October 20, 2022
in Markets
Reading Time: 1 min read
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Shares of Johnson & Johnson
JNJ,
-0.80%
shed 0.80% to $164.69 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-0.67%
falling 0.67% to 3,695.16 and Dow Jones Industrial Average
DJIA,
-0.33%
falling 0.33% to 30,423.81. This was the stock’s second consecutive day of losses. Johnson & Johnson closed $22.00 below its 52-week high ($186.69), which the company reached on April 25th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Roche Holding AG Part. Cert.
RHHVF,
-0.88%
fell 0.88% to $322.90, Merck & Co. Inc.
MRK,
-1.43%
fell 1.43% to $93.26, and Pfizer Inc.
PFE,
-2.22%
fell 2.22% to $43.11.true Trading volume (9.9 M) eclipsed its 50-day average volume of 7.4 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Tags: article_normalC&E Industry News FilterContent TypesCorporate/Industrial NewsFactiva FiltersFinancial PerformanceHealthcare/Life SciencesJNJJohnson & JohnsonPharmaceuticals
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