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Shares of Thermo Fisher Scientific Inc. (TMO) slipped 3.59% to $616.80 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.37% to 4,697.53 and the Dow Jones Industrial Average rising 0.56% to 36,327.95. This was the stock's second consecutive day of losses. Thermo Fisher Scientific Inc. closed $26.72 below its 52-week high ($643.52), which the company reached on November 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Danaher Corp. (DHR) fell 4.55% to $292.08, Intuitive Surgical Inc. (ISRG) rose 0.45% to $364.95, and Becton Dickinson & Co. (BDX) fell 0.15% to $243.71. Trading volume (2.7 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2021.
(END) Dow Jones Newswires
November 05, 2021 17:25 ET (21:25 GMT)
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