Johnson & Johnson stock falls Tuesday, underperforms market

Johnson & Johnson stock falls Tuesday, underperforms market

Shares of Johnson & Johnson JNJ, -0.31% dropped 0.31% to $173.13 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.13% falling 0.13% to 4,522.68 and Dow Jones Industrial Average DJIA, -0.11% falling 0.11% to 35,360.73. Johnson & Johnson closed $6.79 short of its 52-week high ($179.92), which the company achieved on August 20th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Roche Holding AG Part. Cert. RHHVF, +1.77% rose 1.77% to $404.55, Merck & Co. Inc. MRK, -0.27% fell 0.27% to $76.29, and Pfizer Inc. PFE, -1.48% fell 1.48% to $46.07. Trading volume (6.6 M) eclipsed its 50-day average volume of 5.7 M.

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