The Abbott Laboratories stock falls on Friday, underperforming the market

Shares of Abbott Laboratories
ABBOT,
-1.89%

dropped 1.89% to $ 123.04 Friday, on what turned out to be an all-round mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+ 0.00%

rises 0.00% to 31,494.32 and the S&P 500 Index
SPX,
-0.19%

0.19% down to 3,906.71. This was the fourth consecutive day of losses for the stock. Abbott Laboratories closed $ 5.50 below its 52-week high ($ 128.54), which the company reached on Feb. 12.

The stock underperformed compared to some of its competitors on Friday, such as Johnson & Johnson
JNJ,
-1.67%

fell 1.67% to $ 162.98, Roche Holding AG Part. Cert.
RHHVF,
-0.62%

fell 0.62% to $ 338.00, and Pfizer Inc.
PFE,
-0.35%

decreased 0.35% to $ 34.44. The trade volume (6.2 million) eclipsed the 50-day average volume of 4.9 million.

Editor’s Note: This story was automatically generated by Automated insights using data from Dow Jones and FactSet. See our terms of use for market data.

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