DJ Medtronic PLC Stock Underperforms Tuesday When Compared To Competitors
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Shares of Medtronic PLC $(MDT)$ shed 1.71% to $88.59 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,776.65 and the Dow Jones Industrial Average rising 0.01% to 42,587.50.
This was the stock's sixth consecutive day of losses.
Medtronic PLC closed 7.96% below its 52-week high of $96.25, which the company achieved on March 10th.
The stock underperformed when compared to some of its competitors Tuesday, as Johnson & Johnson $(JNJ)$ fell 1.39% to $161.02, $Danaher Corp(DHR-W)$. $(DHR)$ fell 0.19% to $212.40, and Abbott Laboratories $(ABT)$ fell 1.27% to $125.60.
Trading volume (8.8 M) eclipsed its 50-day average volume of 7.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 25, 2025.
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(END) Dow Jones Newswires
March 25, 2025 16:39 ET (20:39 GMT)
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