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Shares of Thermo Fisher Scientific Inc. (TMO) shed 2.24% to $542.17 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 4.04% to 3,923.68 and Dow Jones Industrial Average falling 3.57% to 31,490.07. Thermo Fisher Scientific Inc. closed $130.17 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 Wednesday, as Danaher Corp. (DHR) fell 2.16% to $243.60, Intuitive Surgical Inc. (ISRG) fell 4.37% to $215.35, and Becton Dickinson & Co. (BDX) fell 2.01% to $251.10. Trading volume (1.4 M) remained 67,006 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2022.
(END) Dow Jones Newswires
May 18, 2022 17:24 ET (21:24 GMT)
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