DJ Medtronic PLC Stock Underperforms Friday When Compared To Competitors
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Shares of Medtronic PLC $(MDT)$ slid 2.13% to $79.48 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.71% to 5,505.00 and Dow Jones Industrial Average falling 0.93% to 40,287.53.
This was the stock's second consecutive day of losses.
Medtronic PLC closed $11.52 below its 52-week high ($91.00), which the company achieved on July 27th.
The stock underperformed when compared to some of its competitors Friday, as Johnson & Johnson $(JNJ)$ fell 0.47% to $154.69, $Danaher Corp(DHR-W)$. $(DHR)$ fell 0.51% to $243.54, and Abbott Laboratories $(ABT)$ rose 1.96% to $102.03.
Trading volume (8.6 M) eclipsed its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 19, 2024.
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(END) Dow Jones Newswires
July 19, 2024 16:44 ET (20:44 GMT)
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