Shares of Pfizer Inc. PFE, -0.75% slumped 0.75% to $42.38 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.16% falling 0.16% to 3,991.05 and Dow Jones Industrial Average DJIA, -0.26% falling 0.26% to 33,045.09. This was the stock’s second consecutive day of losses. Pfizer Inc. closed $13.94 short of its 52-week high ($56.32), which the company achieved on April 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Johnson & Johnson JNJ, -0.14% fell 0.14% to $157.78, Eli Lilly & Co. LLY, +0.48% rose 0.48% to $329.07, and Abbott Laboratories ABT, -0.93% fell 0.93% to $102.69. Trading volume (17.4 M) remained 5.4 million below its 50-day average volume of 22.8 M.