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Shares of Thermo Fisher Scientific Inc. (TMO) inched 0.01% higher to $555.21 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.86% to 3,973.75 and the Dow Jones Industrial Average rising 1.98% to 31,880.24. This was the stock's third consecutive day of gains. Thermo Fisher Scientific Inc. closed $117.13 short of its 52-week high ($672.34), which the company achieved on December 31st.
The stock underperformed when compared to some of its competitors Monday, as Danaher Corp. (DHR) rose 0.52% to $253.12, Intuitive Surgical Inc. (ISRG) rose 1.16% to $221.61, and Becton Dickinson & Co. (BDX) rose 1.86% to $257.00. Trading volume (1.1 M) remained 362,854 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2022.
(END) Dow Jones Newswires
May 23, 2022 17:24 ET (21:24 GMT)
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