DJ Medtronic PLC Stock Rises Monday, Still Underperforms Market
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Shares of Medtronic PLC $(MDT)$ inched 0.09% higher to $81.76 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.03% to 5,180.74 and the Dow Jones Industrial Average rising 0.46% to 38,852.27.
This was the stock's fourth consecutive day of gains.
Medtronic PLC closed $9.24 short of its 52-week high ($91.00), which the company achieved on July 27th.
The stock outperformed some of its competitors Monday, as Johnson & Johnson $(JNJ)$ fell 0.46% to $148.58, $Danaher Corp(DHR-W)$. $(DHR)$ fell 0.39% to $247.40, and Abbott Laboratories $(ABT)$ fell 0.25% to $105.64.
Trading volume (3.6 M) remained 2.5 million below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2024.
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(END) Dow Jones Newswires
May 06, 2024 16:42 ET (20:42 GMT)
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