Paccar Inc. Stock Falls Monday, Underperforms Market

Alcon AG

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ALC Alcon AG

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Health Care : Health Care Equipment & Supplies | Large Cap Growth
Based in Switzerland

Company profile

Alcon AG is a Switzerland-based company specialized in the medical industry. The Company operates mainly as an eye care device company. Alcon AG reports its activities into two segments: Surgical and Vision Care. The surgical segment provides a line of ophthalmic surgical products that enable surgeons to achieve accurate results. Its surgical portfolio includes technologies and devices for cataract, retinal, refractive surgery, as well as advanced technology intraocular lenses (ATIOLs) to treat cataracts and refractive errors, such as presbyopia and astigmatism. The surgical segment also includes advanced viscoelastics, surgical solutions, surgical packs and other disposable products for cataract and vitreoretinal surgery. The Vision Care segment manufactures contact lenses and lens care products, such as products for dry eye, contact lens care, ocular allergies, as well as ocular vitamins and redness relievers. The Company also offers continuing education for eye care professionals.

Paccar Inc. Stock Falls Monday, Underperforms Market

5:15 pm ET January 10, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Paccar Inc. (PCAR) slipped 1.13% to $92.36 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. This was the stock's second consecutive day of losses. Paccar Inc. closed $10.83 short of its 52-week high ($103.19), which the company achieved on January 21st.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Ford Motor Co. (F) fell 2.41% to $23.85, Sinotruk (Hong Kong) Ltd. ADR rose 13.07% to $77.95, and Oshkosh Corp. (OSK) fell 0.13% to $119.61. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.

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(END) Dow Jones Newswires

January 10, 2022 17:15 ET (22:15 GMT)