Johnson & Johnson (JNJ) Stock Tumbles: Shares Drop Over 3% in Afternoon Trading

Johnson & Johnson (NYSE: JNJ) experienced a notable decline in its share price during Thursday’s trading session, pushing the stock lower as the afternoon progressed.
As of 3:11 pm GMT-4 on April 4th, JNJ stock was trading at 154.41 USD. This price reflects a significant drop of 5.41 USD, equating to a 3.39% decrease for the day. The downward trend marker highlights the negative momentum pushing the stock well below its previous closing price of 159.82 USD.
The intraday chart for Johnson & Johnson reveals a consistent downward trajectory. After opening at 159.16 USD and reaching a high of 159.82 USD (matching the previous close), the stock steadily lost ground throughout the session. It hit a low point of 153.47 USD before its current level near 154.41 USD.
Key market indicators for Johnson & Johnson at this time include:
-
Market Cap: 37.18K Cr (approximately $371.8 Billion USD)
-
P/E Ratio: 26.67
-
Dividend Yield: 3.21%
-
52-week High: 169.99 USD
-
52-week Low: 140.68 USD
The current trading activity places JNJ stock in the lower half of its 52-week range. Investors and market analysts continue to observe NYSE: JNJ‘s performance as the trading day advances.