DJ Medtronic PLC Stock Outperforms Competitors Despite Losses On The Day
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Shares of Medtronic PLC $(MDT)$ slumped 0.23% to $79.30 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.08% to 5,564.41 and the Dow Jones Industrial Average rising 0.32% to 40,415.44.
This was the stock's third consecutive day of losses.
Medtronic PLC closed $11.70 below its 52-week high ($91.00), which the company reached on July 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Johnson & Johnson $(JNJ)$ fell 0.29% to $154.24, $Danaher Corp(DHR-W)$. $(DHR)$ rose 3.02% to $250.89, and Abbott Laboratories $(ABT)$ rose 1.66% to $103.72.
Trading volume (5.9 M) remained 732,094 below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 22, 2024.
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(END) Dow Jones Newswires
July 22, 2024 16:43 ET (20:43 GMT)
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