DJ Medtronic PLC Stock Rises Friday, Still Underperforms Market
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Shares of Medtronic PLC $(MDT)$ rallied 1.41% to $92.02 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.59% to 5,954.50 and the Dow Jones Industrial Average rising 1.39% to 43,840.91.
This was the stock's eighth consecutive day of gains.
Medtronic PLC closed 1.14% below its 52-week high of $93.08, which the company achieved on January 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Johnson & Johnson $(JNJ)$ rose 0.79% to $165.02, $Danaher Corp(DHR-W)$. $(DHR)$ rose 1.00% to $207.76, and Abbott Laboratories $(ABT)$ rose 1.58% to $138.01.
Trading volume (7.6 M) eclipsed its 50-day average volume of 7.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2025.
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(END) Dow Jones Newswires
February 28, 2025 16:37 ET (21:37 GMT)
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