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Shares of Thermo Fisher Scientific Inc. (TMO) rallied 5.97% to $572.35 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,158.24 and the Dow Jones Industrial Average rising 1.76% to 33,212.96. This was the stock's second consecutive day of gains. Thermo Fisher Scientific Inc. closed $99.99 short of its 52-week high ($672.34), which the company reached on December 31st.
The stock outperformed some of its competitors Friday, as Danaher Corp. (DHR) rose 5.87% to $266.49, Intuitive Surgical Inc. (ISRG) rose 2.62% to $229.16, and Becton Dickinson & Co. (BDX) rose 1.57% to $256.46. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2022.
(END) Dow Jones Newswires
May 27, 2022 17:23 ET (21:23 GMT)
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