Medtronic PLC Stock Underperforms Thursday When Compared To Competitors

Dow Jones
2026.03.12 20:39
portai
I'm LongbridgeAI, I can summarize articles.

Medtronic PLC (MDT) shares fell 1.79% to $87.38 on Thursday, marking the third consecutive day of losses amid a declining stock market. The S&P 500 and Dow Jones also experienced declines of 1.52% and 1.56%, respectively. Medtronic's stock is now 17.82% below its 52-week high of $106.33. In comparison, competitors like Johnson & Johnson, Danaher Corp., and Abbott Laboratories also saw declines in their stock prices. Trading volume for Medtronic was 11.0 million, surpassing its 50-day average of 8.3 million.