Johnson & Johnson stock rises Thursday, still underperforms market

Johnson & Johnson stock rises Thursday, still underperforms market

Shares of Johnson & Johnson JNJ, +0.57% inched 0.57% higher to $164.86 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.21% rising 1.21% to 4,448.98 and the Dow Jones Industrial Average DJIA, +1.48% rising 1.48% to 34,764.82. Johnson & Johnson closed $15.06 below its 52-week high ($179.92), which the company reached on August 20th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Roche Holding AG Part. Cert. RHHVF, +0.01% rose 0.01% to $374.99, Merck & Co. Inc. MRK, +1.40% rose 1.40% to $73.05, and Pfizer Inc. PFE, +0.55% rose 0.55% to $44.19. Trading volume (4.7 M) remained 1.1 million below its 50-day average volume of 5.8 M.

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