Johnson & Johnson stock rises Friday, still underperforms market

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© Terrence Horan


COMPANY CLOSE UPDATES

Shares of Johnson & Johnson inched 0.81% higher to $180.25 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.28% to 3,895.08 and the Dow Jones Industrial Average rising 2.13% to 33,630.61. Johnson & Johnson closed $6.44 short of its 52-week high ($186.69), which the company reached on April 25th.

The stock underperformed when compared to some of its competitors Friday, as Procter & Gamble Co. rose 2.38% to $153.92. Trading volume (5.6 M) remained 792,592 below its 50-day average volume of 6.4 M.

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