Abbott Laboratories Stock Rises Monday, Still Underperforms Market

Dow Jones2022-08-16

DJ Abbott Laboratories Stock Rises Monday, Still Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Abbott Laboratories $(ABT)$ inched 0.38% higher to $111.90 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.40% to 4,297.14 and the Dow Jones Industrial Average rising 0.45% to 33,912.44. This was the stock's fourth consecutive day of gains. Abbott Laboratories closed $30.70 below its 52-week high ($142.60), which the company reached on December 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Johnson & Johnson $(JNJ)$ rose 0.48% to $166.09, Roche Holding AG Part. Cert. rose 3.96% to $336.40, and Pfizer Inc. $(PFE)$ fell 0.72% to $49.75. Trading volume (2.9 M) remained 1.7 million below its 50-day average volume of 4.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 15, 2022.

$(END)$ Dow Jones Newswires

August 15, 2022 16:33 ET (20:33 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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