Pfizer Inc. stock falls Wednesday, underperforms market

© Terrence Horan

COMPANY CLOSE UPDATES

Shares of Pfizer Inc. PFE shed 1.67% to $41.85 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.79% to 3,672.82 and Dow Jones Industrial Average DJIA falling 0.35% to 30,068.81. The stock’s fall snapped a three-day winning streak. Pfizer Inc. closed $0.92 below its 52-week high ($42.77), which the company achieved on December 8th.

The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson JNJ rose 1.02% to $153.10, Merck & Co. Inc. MRK rose 0.35% to $83.47, and Novartis AG ADR NVS rose 0.44% to $91.61. Trading volume (85.0 M) eclipsed its 50-day average volume of 40.0 M.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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