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Shares of ResMed Inc. (RMD) inched 0.05% higher to $237.35 Monday, on what proved to be an all-around dismal 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. The stock's rise snapped a six-day losing streak. ResMed Inc. closed $63.99 short of its 52-week high ($301.34), which the company achieved on September 9th.
The stock underperformed when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. (TMO) rose 2.96% to $625.04, Medtronic PLC (MDT) rose 0.44% to $105.62, and Koninklijke Philips N.V. ADR (PHIA.AE) rose 1.48% to $38.33. Trading volume (490,190) eclipsed its 50-day average volume of 473,492.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
(END) Dow Jones Newswires
January 10, 2022 17:21 ET (22:21 GMT)
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