Medtronic PLC Stock Underperforms Wednesday When Compared To Competitors

Dow Jones12-19

DJ Medtronic PLC Stock Underperforms Wednesday When Compared To Competitors

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

Shares of Medtronic PLC $(MDT)$ shed 1.65% to $80.03 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.

Medtronic PLC closed $12.65 short of its 52-week high ($92.68), which the company reached on October 24th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Johnson & Johnson $(JNJ)$ fell 1.13% to $144.75, $Danaher Corp(DHR-W)$. $(DHR)$ fell 2.24% to $228.30, and Abbott Laboratories $(ABT)$ fell 1.20% to $111.93.

Trading volume (6.7 M) eclipsed its 50-day average volume of 5.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 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

December 18, 2024 16:42 ET (21:42 GMT)

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

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