Thermo Fisher Scientific Inc. Stock Rises Friday, Outperforms Market
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Shares of Thermo Fisher Scientific Inc. (TMO) inched 0.80% higher to $555.15 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.01% to 3,901.36 and the Dow Jones Industrial Average rising 0.03% to 31,261.90. This was the stock's second consecutive day of gains. Thermo Fisher Scientific Inc. closed $117.19 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) rose 1.00% to $251.80, Intuitive Surgical Inc. (ISRG) rose 0.43% to $219.07, and Becton Dickinson & Co. (BDX) rose 0.46% to $252.30. 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 20, 2022.
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May 20, 2022 17:23 ET (21:23 GMT)
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