Medtronic PLC Stock Sheds 7.3%, Underperforms Competitors

Dow Jones

Feb 19, 2025

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Medtronic PLC slipped 7.3% to $86.07 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.2% to 6,129.58 and the Dow Jones Industrial Average rising 0.0% to 44,556.34.

The stock's fall snapped a five-day winning streak.

Medtronic PLC closed 7.5% below its 52-week high of $93.08, which the company reached on January 28th.

The stock underperformed when compared to some of its competitors, as Johnson & Johnson rose 0.1% to $154.99, $Danaher Corp(DHR-W)$. fell 0.9% to $204.53, and Abbott Laboratories fell 0.33% to $130.18.

Trading volume totaled 14.3 million, compared to the 50-day average of 6.6 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

February 18, 2025 16:36 ET (21:36 GMT)

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