Shares of Johnson & Johnson JNJ slid 1.06% to $161.25 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.77% to 4,128.80 and the Dow Jones Industrial Average DJIA rising 0.89% to 33,800.60. This was the stock's second consecutive day of losses. Johnson & Johnson closed $12.40 below its 52-week high ($173.65), which the company achieved on January 26th.
The stock underperformed when compared to some of its competitors Friday, as Roche Holding AG Part. Cert. RHHVF rose 0.75% to $332.50, Merck & Co. Inc. MRK rose 1.09% to $76.31, and Pfizer Inc. PFE rose 1.78% to $36.60. Trading volume (8.4 M) eclipsed its 50-day average volume of 7.7 M.