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Shares of ResMed Inc. RMD rallied 2.91% to $215.72 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.06% to 3,825.33 and the Dow Jones Industrial Average DJIA rising 1.05% to 31,097.26. ResMed Inc. closed $85.62 short of its 52-week high ($301.34), which the company achieved on September 9th.
The stock outperformed some of its competitors Friday, as Thermo Fisher Scientific Inc. TMO rose 0.92% to $548.27, Medtronic PLC MDT rose 1.82% to $91.38, and Koninklijke Philips N.V. ADR PHG fell 1.39% to $21.23. Trading volume (589,936) remained 43,884 below its 50-day average volume of 633,820.
Data source: Dow Jones Market Data, FactSet. Data compiled July 1, 2022.
(END) Dow Jones Newswires
July 01, 2022 17:18 ET (21:18 GMT)
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