DJ Medtronic PLC Stock Underperforms Wednesday When Compared To Competitors
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Shares of Medtronic PLC $(MDT)$ slipped 1.05% to $84.11 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
This was the stock's second consecutive day of losses.
Medtronic PLC closed $8.57 below its 52-week high ($92.68), which the company achieved on October 24th.
The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson $(JNJ)$ rose 0.07% to $153.11, $Danaher Corp(DHR-W)$. $(DHR)$ rose 0.98% to $233.10, and Abbott Laboratories $(ABT)$ fell 1.02% to $115.93.
Trading volume (7.4 M) eclipsed its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:42 ET (21:42 GMT)
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