Abbott Laboratories Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

Dow Jones11-16

DJ Abbott Laboratories Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

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

Shares of Abbott Laboratories $(ABT)$ inched 0.76% higher to $115.90 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.

The stock's rise snapped a three-day losing streak.

Abbott Laboratories closed $5.74 short of its 52-week high ($121.64), which the company achieved on March 8th.

The stock underperformed when compared to some of its competitors Friday, as Johnson & Johnson $(JNJ)$ rose 1.40% to $154.00.

Trading volume (6.8 M) eclipsed its 50-day average volume of 5.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 15, 2024 16:36 ET (21:36 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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