Thermo Fisher Scientific Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of Thermo Fisher Scientific Inc. (TMO) shed 2.22% to $539.82 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.38% to 4,017.82 and Dow Jones Industrial Average falling 1.94% to 32,272.79. This was the stock's second consecutive day of losses. Thermo Fisher Scientific Inc. closed $132.52 short of its 52-week high ($672.34), which the company reached on December 31st.
Despite its losses, the stock outperformed some of its competitors Thursday, as Danaher Corp. (DHR) fell 2.58% to $258.76, Intuitive Surgical Inc. (ISRG) fell 3.96% to $209.95, and Becton Dickinson & Co. (BDX) fell 2.54% to $248.37.true Trading volume (832,912) remained 646,954 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 9, 2022.
(END) Dow Jones Newswires
June 09, 2022 17:24 ET (21:24 GMT)
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