Shares of Johnson & Johnson slid 0.64% to $160.47 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.15% to 4,357.04 and the Dow Jones Industrial Average rising 1.43% to 34,326.46. This was the stock’s second consecutive day of losses. Johnson & Johnson closed $19.45 short of its 52-week high ($179.92), which the company reached on August 20th.
The stock underperformed when compared to some of its competitors Friday, as Roche Holding AG Part. Cert. rose 1.91% to $372.50, Merck & Co. Inc. rose 8.37% to $81.40, and Pfizer Inc. fell 0.19% to $42.93. Trading volume (8.5 M) eclipsed its 50-day average volume of 5.6 M.