Pfizer Inc. stock outperforms market despite losses on the day

Pfizer Inc. stock outperforms market despite losses on the day

Shares of Pfizer Inc. PFE, -0.09% dropped 0.09% to $44.96 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.76% falling 0.76% to 3,898.85 and Dow Jones Industrial Average DJIA, -0.76% falling 0.76% to 33,044.56. This was the stock’s third consecutive day of losses. Pfizer Inc. closed $11.36 short of its 52-week high ($56.32), which the company reached on April 11th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Johnson & Johnson JNJ, -0.14% fell 0.14% to $169.53, Eli Lilly & Co. LLY, -0.26% fell 0.26% to $351.08, and Abbott Laboratories ABT, +0.26% rose 0.26% to $111.80. Trading volume (26.6 M) eclipsed its 50-day average volume of 20.8 M.

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