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Shares of Thermo Fisher Scientific Inc. (TMO) slumped 0.94% to $618.58 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.35% to 4,685.25 and Dow Jones Industrial Average falling 0.31% to 36,319.98. Thermo Fisher Scientific Inc. closed $24.94 below its 52-week high ($643.52), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Danaher Corp. (DHR) fell 0.72% to $299.19, Intuitive Surgical Inc. (ISRG) fell 0.35% to $364.15, and Becton Dickinson & Co. (BDX) fell 0.66% to $243.66. Trading volume (926,976) remained 387,902 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2021.
(END) Dow Jones Newswires
November 09, 2021 17:25 ET (22:25 GMT)
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