Johnson & Johnson stock rises Wednesday, outperforms market

Shares of Johnson & Johnson JNJ,
+ 2.60%
rallied 2.60% to $ 182.23 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX,
falling 0.97% to 4,481.15 and Dow Jones Industrial Average DJIA,
falling 0.42% to 34,496.51. This was the stock’s second consecutive day of gains. Johnson & Johnson hit a new 52-week high, surpassing its previous peak of $ 180.21, which the company achieved on March 31st.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Roche Holding AG Part. Cert. RHHVF,
+ 2.38%
rose 2.38% to $ 421.00, Merck & Co. Inc. MRK,
+ 1.49%
rose 1.49% to $ 84.97, and Pfizer Inc. PFE,
+ 3.18%
rose 3.18% to $ 52.87. Trading volume (10.3 M) eclipsed its 50-day average volume of 8.1 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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