The pharmaceutical giant’s stock gained 0.69% on Friday, ending a dynamic trading session at $198.55 after reaching an intraday high near $200.
Shares of AbbVie Inc. concluded the trading week on a high note, posting a solid gain on Friday, August 5. The stock closed at
1.36 (0.69%) for the day and reflecting positive investor sentiment.
The day’s trading was characterized by significant movement. AbbVie opened at $197.55, slightly above the previous day’s close of
199.89** in the morning session. After this peak, the price saw some fluctuation, touching an intraday low of $196.48 before recovering to its strong closing position. Trading remained stable after the market closed, with no change in the after-hours price.
According to the market summary, the stock’s performance places it comfortably within its 52-week range, which spans from a low of $163.81 to a high of $218.66. Other key financial metrics for investors include a reported P/E ratio of 84.66 and a dividend yield of 3.30%.
