Shares of Pfizer Inc. PFE, -0.90% sank 0.35% to $39.81 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, -0.13% rising 0.99% to 4,197.05 and the Dow Jones Industrial Average DJIA, -0.11% rising 0.54% to 34,393.98. This was the stock’s second consecutive day of losses. Pfizer Inc. closed $3.27 below its 52-week high ($43.08), which the company reached on December 9th.
The stock underperformed when compared to some of its competitors Monday, as Johnson & Johnson JNJ, -0.25% rose 0.38% to $170.55, Merck & Co. Inc. MRK, -1.43% fell 0.19% to $79.03, and Novartis AG ADR NVS, 0.49% fell 0.10% to $88.02. Trading volume (16.9 M) remained 11.5 million below its 50-day average volume of 28.4 M.