DJ Medtronic PLC Stock Underperforms Thursday When Compared To Competitors
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Shares of Medtronic PLC $(MDT)$ slipped 1.89% to $78.46 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.20% to 39,935.07 and the S&P 500 Index falling 0.51% to 5,399.22.
The stock's fall snapped a two-day winning streak.
Medtronic PLC closed $12.54 below its 52-week high ($91.00), which the company reached on July 27th.
The stock underperformed when compared to some of its competitors Thursday, as Johnson & Johnson $(JNJ)$ rose 2.15% to $159.64, $Danaher Corp(DHR-W)$. $(DHR)$ rose 1.63% to $270.09, and Abbott Laboratories $(ABT)$ fell 1.21% to $105.96.
Trading volume (6.4 M) remained 334,978 below its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 25, 2024.
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(END) Dow Jones Newswires
July 25, 2024 16:44 ET (20:44 GMT)
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