Johnson & Johnson stock outperforms market on strong trading day

0
153

Shares of Johnson & Johnson
JNJ,
+1.05%

rallied 1.05% to $170.27 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-1.04%

falling 1.04% to 4,188.43 and Dow Jones Industrial Average
DJIA,
-0.10%

falling 0.10% to 34,742.82. This was the stock’s third consecutive day of gains. Johnson & Johnson closed $3.38 short of its 52-week high ($173.65), which the company reached on January 26th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Roche Holding AG Part. Cert.
RHHVF,
+1.20%

rose 1.20% to $337.00, Merck & Co. Inc.
MRK,
-0.31%

fell 0.31% to $78.17, and Pfizer Inc.
PFE,
+0.71%

rose 0.71% to $39.86. Trading volume (8.3 M) eclipsed its 50-day average volume of 7.5 M.

Read more…