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Shares of Thermo Fisher Scientific Inc. (TMO) slumped 0.81% to $507.45 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.38% to 3,735.48 and Dow Jones Industrial Average falling 0.50% to 30,364.83. This was the stock's fifth consecutive day of losses. Thermo Fisher Scientific Inc. closed $164.89 short of its 52-week high ($672.34), which the company achieved on December 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Danaher Corp. (DHR) fell 0.57% to $242.42, Intuitive Surgical Inc. (ISRG) fell 1.98% to $191.10, and Becton Dickinson & Co. (BDX) fell 2.29% to $236.32. Trading volume (1.0 M) remained 468,642 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 14, 2022.
(END) Dow Jones Newswires
June 14, 2022 17:24 ET (21:24 GMT)
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