Johnson & Johnson stock rises Thursday, still underperforms market






© Terrence Horan


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Shares of Johnson & Johnson inched 0.38% higher to $165.54 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 1.47% to 4,179.76 and the Dow Jones Industrial Average falling 0.11% to 34,053.94. This was the stock’s third consecutive day of gains. Johnson & Johnson closed $21.15 below its 52-week high ($186.69), which the company reached on April 25th.

The stock outperformed some of its competitors Thursday, as Procter & Gamble Co. fell 0.71% to $142.17. Trading volume (10.1 M) eclipsed its 50-day average volume of 7.0 M.

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