This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Johnson & Johnson shed 5.7% to $248.61 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 7,805.45 and the Dow Jones Industrial Average falling 0.3% to 51,670.10.
The stock's fall snapped a two-day winning streak.
Johnson & Johnson closed 11.5% short of its 52-week high of $281.07, which the company reached on September 2nd.
The stock underperformed when compared to some of its peers, as Procter & Gamble Co. fell 0.1% to $153.04, Pfizer Inc. fell 0.1% to $28.37, and Abbott Laboratories rose 0.78% to $102.61.
Trading volume totaled 16.6 million, compared to the 50-day average of 6.5 million.
Data source: Dow Jones Market Data, FactSet