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Shares of Thermo Fisher Scientific Inc. (TMO) inched 0.08% higher to $618.52 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.94% to 4,700.58 and Dow Jones Industrial Average falling 1.07% to 36,407.11. The stock's rise snapped a two-day losing streak. Thermo Fisher Scientific Inc. closed $53.82 below its 52-week high ($672.34), which the company achieved on December 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Danaher Corp. (DHR) fell 0.64% to $305.30, Intuitive Surgical Inc. (ISRG) fell 3.58% to $341.95, and Becton Dickinson & Co. (BDX) rose 0.46% to $252.95. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2022.
(END) Dow Jones Newswires
January 05, 2022 17:26 ET (22:26 GMT)
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