Thermo Fisher Scientific Inc. Stock Rises Monday, Outperforms Market

General Dynamics Corp

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Industrials : Aerospace & Defense | Large Cap Blend

Company profile

General Dynamics Corporation is a global aerospace and defense company. The Company offers a portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions, and technology products and services. The Company’s segments include Aerospace, Marine Systems, Combat Systems and Technologies. The Aerospace segment produces business jets and the standard bearer in aircraft repair, support and completion services. The Marine Systems segment designs and builds nuclear-powered submarines and offers in surface combatants and auxiliary ship design and construction for the United States Navy. The Combat Systems segment manufactures land combat solutions, including wheeled and tracked combat vehicles, weapons systems and munitions. The Technologies segment provides a spectrum of services, technologies and products to market that seeks solutions combining electronic hardware with specialized software.

Thermo Fisher Scientific Inc. Stock Rises Monday, Outperforms Market

5:26 pm ET January 10, 2022 (MarketWatch) Print

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

Shares of Thermo Fisher Scientific Inc. (TMO) rallied 2.96% to $625.04 Monday, on what proved to be an all-around grim 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. Thermo Fisher Scientific Inc. closed $47.30 below its 52-week high ($672.34), which the company reached on December 31st.

The stock outperformed some of its competitors Monday, as Danaher Corp. (DHR) rose 2.49% to $303.03, Intuitive Surgical Inc. (ISRG) rose 0.38% to $325.53, and Becton Dickinson & Co. (BDX) rose 1.98% to $259.17. Trading volume (2.1 M) eclipsed its 50-day average volume of 1.4 M.

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

-MarketWatch Automation

(END) Dow Jones Newswires

January 10, 2022 17:26 ET (22:26 GMT)

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Thermo Fisher Scientific Inc. Stock Rises Monday, Outperforms Market