Published on 11 May 2022 on Market Watch
Shares of Medtronic PLC inched 0.34% higher to $100.65 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,935.18 and Dow Jones Industrial Average falling 1.02% to 31,834.11. This was the stock's second consecutive day of gains. Medtronic PLC closed $35.24 below its 52-week high ($135.89), which the company reached on September 9th.
The stock outperformed some of its competitors Wednesday, as Johnson & Johnson fell 0.54% to $176.13, Abbott Laboratories fell 0.85% to $105.84, and Stryker Corp. fell 0.35% to $226.72. Trading volume (4.1 M) remained 1.8 million below its 50-day average volume of 5.9 M.