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Shares of Thermo Fisher Scientific Inc. (TMO) inched 0.55% higher to $593.37 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.97% to 4,532.76 and Dow Jones Industrial Average falling 0.96% to 35,028.65. The stock's rise snapped a three-day losing streak. Thermo Fisher Scientific Inc. closed $78.97 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 Wednesday, as Danaher Corp. (DHR) fell 0.48% to $287.03, Intuitive Surgical Inc. (ISRG) fell 0.69% to $293.46, and Becton Dickinson & Co. (BDX) rose 1.32% to $263.87. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2022.
(END) Dow Jones Newswires
January 19, 2022 17:26 ET (22:26 GMT)
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