Shares of Johnson & Johnson
shed 1.54% to $161.50 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 1.19% to 4,307.54 and Dow Jones Industrial Average
falling 1.59% to 33,843.92. Johnson & Johnson closed $18.42 below its 52-week high ($179.92), which the company achieved on August 20th.
The stock underperformed when compared to some of its competitors Thursday, as Roche Holding AG Part. Cert.
rose 1.11% to $365.52, Merck & Co. Inc.
rose 0.03% to $75.11, and Pfizer Inc.
fell 1.19% to $43.01. Trading volume (6.9 M) eclipsed its 50-day average volume of 5.5 M.