Pfizer Inc. shares fall Thursday, underperforming market

Shares of Pfizer Inc. PFE,
-0.45%
fell 0.45% to $ 37.27 on Thursday, in what proved to be a big trading session for the stock market, with the S&P 500 SPX index,
+ 0.35%
rising 0.35% to 3,703.06 and the Dow Jones Industrial Average DJIA,
+ 0.23%
increasing 0.23% to 30,199.87. Pfizer Inc. closed $ 5.81 below its 52-week high ($ 43.08), which the company hit on December 9.

The stock underperformed when compared to some of its competitors on Thursday, such as Johnson & Johnson JNJ,
+ 0.35%
rose 0.35% to $ 152.47, Merck & Co. Inc. MRK,
+ 0.48%
rose 0.48% to $ 80.14, and Novartis AG ADR NVS,
+ 0.19%
rose 0.19% to $ 88.55. Turnover (14.8 M) remained 34.1 million below its average 50-day volume of 48.8 M.

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