March 16, 2023March 17, 2023

Bristol Myers Squibb Co. stock falls Thursday, underperforms market

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Shares of Bristol Myers Squibb Co. BMY slumped 0.56% to $67.10 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.76% to 3,960.28 and the Dow Jones Industrial Average DJIA rising 1.17% to 32,246.55. The stock’s fall snapped a three-day winning streak. Bristol Myers Squibb Co. closed $14.34 below its 52-week high ($81.44), which the company reached on December 1st.

The stock underperformed when compared to some of its competitors Thursday, as Johnson…

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