Thermo Fisher Scientific Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Thermo Fisher Scientific Inc. (TMO) slid 1.33% to $580.33 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.89% to 4,397.94 and Dow Jones Industrial Average falling 1.30% to 34,265.37. This was the stock's second consecutive day of losses. Thermo Fisher Scientific Inc. closed $92.01 below 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 Friday, as Danaher Corp. (DHR) fell 0.89% to $280.45, Intuitive Surgical Inc. (ISRG) fell 7.93% to $269.53, and Becton Dickinson & Co. (BDX) rose 0.25% to $264.63. 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 21, 2022.
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January 21, 2022 17:26 ET (22:26 GMT)
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