March 3, 2023

Johnson & Johnson stock rises Friday, still underperforms market

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© Terrence Horan

COMPANY CLOSE UPDATES

Shares of Johnson & Johnson advanced 1.03% to $154.02 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.61% to 4,045.64 and the Dow Jones Industrial Average rising 1.17% to 33,390.97. The stock’s rise snapped an eight-day losing streak. Johnson & Johnson closed $32.67 short of its 52-week high ($186.69), which the company achieved on April 25th.

The stock outperformed some of its competitors Friday, as Procter & Gamble Co. rose 0.73% to $140.95. Trading volume (5.7 M) remained 1.9 million below its 50-day average volume of 7.6 M.

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