Pfizer Inc. stock drops Wednesday, underperforming the market



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Shares of Pfizer Inc. PFE,
-0.86%
fell 0.86% to $ 36.86 on Wednesday, on what turned out to be a blended trading session for the stock market, with the S&P 500 SPX index,
+ 0.23%
up 0.23% to 3,809.84 and the Dow Jones Industrial Average DJIA index,
-0.03%
down 0.03% to 31,060.47. It was the share’s second straight day of losses. Pfizer Inc. closed $ 6.22 below its 52-week high ($ 43.08), which the company reached on December 9.

The title showed a mixed performance against some of its rivals on Wednesday, such as Johnson & Johnson JNJ,
-0.15%
fell 0.15% to $ 157.89, Merck & Co. Inc. MRK,
-0.90%
fell 0.90% to $ 82.34, and Novartis AG ADR NVS,
-0.58%
fell 0.58% to $ 93.31. The volume of transactions (31.0 million) remained 19.1 million below its 50-day average volume of 50.1 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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