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Shares of Thermo Fisher Scientific Inc. (TMO) slipped 2.65% to $534.27 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.95% to 3,978.73 and the Dow Jones Industrial Average rising 0.60% to 32,120.28. This was the stock's second consecutive day of losses. Thermo Fisher Scientific Inc. closed $138.07 short of its 52-week high ($672.34), which the company reached on December 31st.
The stock underperformed when compared to some of its competitors Wednesday, as Danaher Corp. (DHR) fell 0.67% to $250.32, Intuitive Surgical Inc. (ISRG) rose 1.92% to $222.58, and Becton Dickinson & Co. (BDX) fell 2.05% to $252.16. Trading volume (1.5 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2022.
(END) Dow Jones Newswires
May 25, 2022 17:24 ET (21:24 GMT)
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