Thermo Fisher Scientific Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Thermo Fisher Scientific Inc. TMO rallied 4.12% to $540.60 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.95% to 3,795.73 and the Dow Jones Industrial Average DJIA rising 0.64% to 30,677.36. This was the stock's third consecutive day of gains. Thermo Fisher Scientific Inc. closed $131.74 below its 52-week high ($672.34), which the company reached on December 31st.
The stock outperformed some of its competitors Thursday, as Danaher Corp. DHR rose 3.88% to $255.18, Intuitive Surgical Inc. ISRG rose 1.93% to $204.50, and Becton Dickinson & Co. BDX rose 2.22% to $242.54. Trading volume (1.4 M) remained 116,129 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 23, 2022.
(END) Dow Jones Newswires
June 23, 2022 17:24 ET (21:24 GMT)
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