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Johnson & Johnson stock underperforms Friday when compared to competitors despite daily gains

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March 16, 2023
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Shares of Johnson & Johnson JNJ inched 0.24% higher to $151.61 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 1.45% to 3,861.59 and Dow Jones Industrial Average DJIA falling 1.07% to 31,909.64. The stock’s rise snapped a three-day losing streak. Johnson & Johnson closed $35.08 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….

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