Johnson & Johnson stock outperforms market on strong trading day

Johnson & Johnson stock outperforms market on strong trading day

Shares of Johnson & Johnson JNJ, +0.16% inched 0.16% higher to $148.24 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.12% rising 0.12% to 27,931.02 and the S&P 500 Index SPX, -0.01% falling 0.02% to 3,372.85. Johnson & Johnson closed $8.76 short of its 52-week high ($157.00), which the company achieved on April 23rd.

The stock outperformed some of its competitors Friday, as Roche Holding AG Part. Cert. RHHVF, -1.67% fell 1.68% to $339.20, Merck & Co. Inc. MRK, -0.07% fell 0.07% to $83.48, and Pfizer Inc. PFE, -0.28% fell 0.29% to $38.06. Trading volume (4.2 M) remained 2.4 million below its 50-day average volume of 6.6 M.

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