Shares of Abbott Laboratories
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
rises 0.00% to 31,494.32 and the S&P 500 Index
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
fell 1.67% to $ 162.98, Roche Holding AG Part. Cert.
fell 0.62% to $ 338.00, and Pfizer Inc.
decreased 0.35% to $ 34.44. The trade volume (6.2 million) eclipsed the 50-day average volume of 4.9 million.