Risk-off mood drags Johnson & Johnson 1.07% lower

Published: March 19 2023, 11:36 GMT+0

Risk-off mood drags Johnson & Johnson 1.07% lower

A quick look at Friday: during Friday's session, Johnson & Johnson toiled and struggled for upward momentum before closing at $152.38. By the close, the the medical devices and pharmaceutical manufacturer suffered a $1.65 or 1.07% loss.

Johnson & Johnson was not the only decliner in the health care sector; Merck lost 3.02% Friday and closed at $104.1. Abbott Laboratories went down to $97, losing 2.04% after it closed at $99.03 Friday. Amgen closed at $229.79 (down 2.04%).

Trending downwards for around 2 months. The current year has not been the best for the consumer pharmaceutical and medical devices company as it lost 14.03% from its highest point of $186.

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