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Why Johnson & Johnson Stock Is Rising Today

TheMotleyFool

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Why Johnson & Johnson Stock Is Rising TodayPhoto, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png

Johnson & Johnson (NYSE: JNJ) is having a strong start to Thursday's trading session. The drugmaker and medical technology giant's shares were up 5.74% on heavy volume at 10:36 a.m. ET Thursday morning.

What's powering this rally? Ahead of the opening bell, J&J released 2023 second-quarter earnings that exceeded Wall Street's expectations on both top and bottom lines.

The second quarter of 2023 was a successful one for J&J, as the company reported strong growth in its pharmaceutical and medtech segments. Here are some of the key takeaways from the report:

Source Fool.com

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