Shares of Medtronic PLC MDT, -1.07% shed 1.07% to $86.71 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.39% rising 0.39% to 4,522.79 and the Dow Jones Industrial Average DJIA, +0.22% rising 0.22% to 34,585.35.
This was the stock’s second consecutive day of losses.
Medtronic PLC closed $8.89 short of its 52-week high ($95.60), which the company achieved on August 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Johnson & Johnson JNJ, -0.50% fell 0.50% to $159.07, Danaher Corp. DHR, -1.15% fell 1.15% to $237.76, and Abbott Laboratories ABT, -0.86% fell 0.86% to $107.00.
Trading volume (4.5 M) remained 885,361 below its 50-day average volume of 5.3 M.