Thermo Fisher Scientific Inc. Stock Falls Thursday, Underperforms Market
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Shares of Thermo Fisher Scientific Inc. (TMO) slipped 3.89% to $600.89 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. Thermo Fisher Scientific Inc. closed $71.45 short of 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 Thursday, as Danaher Corp. (DHR) fell 4.68% to $292.05, Intuitive Surgical Inc. (ISRG) fell 3.08% to $313.21, and Becton Dickinson & Co. (BDX) rose 0.68% to $263.69. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.
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January 13, 2022 17:26 ET (22:26 GMT)
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