Johnson & Johnson stock rises Thursday, still underperforms market

Johnson & Johnson stock rises Thursday, still underperforms market

Shares of Johnson & Johnson JNJ, +1.51% advanced 1.51% to $165.15 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +2.60% rising 2.60% to 3,669.91 and the Dow Jones Industrial Average DJIA, +2.83% rising 2.83% to 30,038.72. Johnson & Johnson closed $21.54 short of its 52-week high ($186.69), which the company reached on April 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Roche Holding AG Part. Cert. RHHVF, +0.56% rose 0.56% to $315.76, Merck & Co. Inc. MRK, +2.29% rose 2.29% to $92.49, and Pfizer Inc. PFE, +2.26% rose 2.26% to $42.98. Trading volume (6.5 M) remained 772,842 below its 50-day average volume of 7.2 M.

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