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Shares of Thermo Fisher Scientific Inc. (TMO) slid 1.53% to $552.06 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.08% to 4,115.77 and Dow Jones Industrial Average falling 0.81% to 32,910.90. Thermo Fisher Scientific Inc. closed $120.28 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 1.00% to $265.60, Intuitive Surgical Inc. (ISRG) fell 1.51% to $218.60, and Becton Dickinson & Co. (BDX) fell 0.86% to $254.85. Trading volume (836,490) remained 652,932 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2022.
(END) Dow Jones Newswires
June 08, 2022 17:24 ET (21:24 GMT)
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