Thermo Fisher Scientific Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Thermo Fisher Scientific Inc. (TMO) rallied 1.58% to $550.74 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.58% to 3,900.79 and Dow Jones Industrial Average falling 0.75% to 31,253.13. Thermo Fisher Scientific Inc. closed $121.60 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 Thursday, as Danaher Corp. (DHR) rose 2.34% to $249.31, Intuitive Surgical Inc. (ISRG) rose 1.30% to $218.14, and Becton Dickinson & Co. (BDX) rose 0.02% to $251.14. Trading volume (2.1 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 17:24 ET (21:24 GMT)
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