Cerner Corp. Stock Falls Wednesday, Still Outperforms Market
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Shares of Cerner Corp. (CERN) sank 0.16% to $93.99 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,935.18 and Dow Jones Industrial Average falling 1.02% to 31,834.11. Cerner Corp. closed $0.47 short of its 52-week high ($94.46), which the company reached on May 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as 3M Co. (MMM) fell 1.82% to $146.41, General Electric Co. (GE) fell 1.19% to $72.44, and McKesson Corp. (MCK) rose 0.69% to $332.09. Trading volume (2.8 M) eclipsed its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2022.
(END) Dow Jones Newswires
May 11, 2022 16:43 ET (20:43 GMT)
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