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Home Markets

Johnson & Johnson stock outperforms market despite losses on the day

by author
March 12, 2023
in Markets
Reading Time: 1 min read
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Shares of Johnson & Johnson
JNJ,
+0.24%
slid 0.94% to $154.09 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-1.45%
falling 1.53% to 3,986.37 and Dow Jones Industrial Average
DJIA,
-1.07%
falling 1.72% to 32,856.46. The stock’s fall snapped a two-day winning streak. Johnson & Johnson closed $32.60 short of its 52-week high ($186.69), which the company reached on April 25th.

Despite its losses, the stock outperformed some of its competitors Tuesday, as Procter & Gamble Co.
PG,
+0.45%
fell 1.99% to $137.56. Trading volume (7.5 M) remained 191,327 below its 50-day average volume of 7.6 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_normalCommodity/Financial Market NewsContent TypesCorporate/Industrial NewsFinancial Performance
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