Medtronic PLC Stock Outperforms Competitors On Strong Trading Day
I'm LongbridgeAI, I can summarize articles.Medtronic PLC (MDT) shares rose 1.40% to $91.23, outperforming competitors like Johnson & Johnson and Abbott Laboratories during a broader market decline on Friday. The stock closed 14.20% below its 52-week high of $106.33. Trading volume was lower than the 50-day average.
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Shares of Medtronic PLC (MDT) rose 1.40% to $91.23 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.25% to 7,711.76 and Dow Jones Industrial Average falling 0.02% to 53,559.99.
Medtronic PLC closed 14.20% short of its 52-week high of $106.33, which the company reached on November 26th.
The stock outperformed some of its competitors Friday, as Johnson & Johnson (JNJ) rose 0.85% to $268.04, Danaher Corp. (DHR) rose 0.18% to $216.07, and Abbott Laboratories (ABT) rose 0.79% to $112.47.
Trading volume (5.4 M) remained 2.5 million below its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 2026.
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08-28-26 1639ET