Thermo Fisher Scientific Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Thermo Fisher Scientific Inc. (TMO) slid 0.79% to $590.10 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.84% to 4,577.11 and Dow Jones Industrial Average falling 1.51% to 35,368.47. This was the stock's third consecutive day of losses. Thermo Fisher Scientific Inc. closed $82.24 below its 52-week high ($672.34), which the company reached on December 31st.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Danaher Corp. (DHR) fell 1.67% to $288.40, Intuitive Surgical Inc. (ISRG) fell 3.98% to $295.49, and Becton Dickinson & Co. (BDX) fell 0.84% to $260.42.true Trading volume (1.8 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2022.
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January 18, 2022 17:26 ET (22:26 GMT)
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