Shares of Johnson & Johnson slumped 0.50% to $174.00 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.34% to 3,983.17 and the Dow Jones Industrial Average rising 0.64% to 34,189.97. This was the stock’s fourth consecutive day of losses. Johnson & Johnson closed $12.69 below its 52-week high ($186.69), which the company reached on April 25th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Procter & Gamble Co. fell 0.56% to $149.81. Trading volume (4.3 M) remained 2.2 million below its 50-day average volume of 6.5 M.