The Pfizer Inc. dropped on Thursday, but still outperforms the market

Shares of Pfizer Inc. PFE,
-0.30%
dropped 0.30% to $ 36.75 on Thursday, on what turned out to be an all round bad trading session for the stock market, with the S&P 500 Index SPX,
-0.38%
down 0.38% to 3,795.54 and Dow Jones Industrial Average DJIA,
-0.22%
decreased by 0.22% to 30,991.52. This was the stock’s third consecutive day of losses. Pfizer Inc. closed down $ 6.33 from its 52-week high of $ 43.08, which the company hit on Dec. 9.

The stock underperformed Thursday compared to some of its competitors, such as Johnson & Johnson JNJ,
+ 1.75%
rose 1.75% to $ 160.65, Merck & Co. Inc. MRK,
-0.21%
decreased 0.21% to $ 82.17 and Novartis AG ADR NVS,
+ 1.40%
rose 1.40% to $ 94.62. The trade volume (30.2 million) remained 20.1 million below the 50-day average volume of 50.3 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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