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Shares of Thermo Fisher Scientific Inc. (TMO) shed 4.17% to $618.00 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.59% to 36,799.65 and the S&P 500 Index falling 0.06% to 4,793.54. This was the stock's second consecutive day of losses. Thermo Fisher Scientific Inc. closed $54.34 below its 52-week high ($672.34), which the company achieved on December 31st.
The stock underperformed when compared to some of its competitors Tuesday, as Danaher Corp. (DHR) fell 2.69% to $307.26, Intuitive Surgical Inc. (ISRG) fell 1.49% to $354.63, and Becton Dickinson & Co. (BDX) fell 0.56% to $251.78. Trading volume (2.6 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2022.
(END) Dow Jones Newswires
January 04, 2022 17:28 ET (22:28 GMT)
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