This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Thermo Fisher Scientific Inc. TMO inched 0.92% higher to $548.27 Friday, on what proved to be an all-around favorable 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. This was the stock's third consecutive day of gains. Thermo Fisher Scientific Inc. closed $124.07 below its 52-week high ($672.34), which the company reached on December 31st.
The stock underperformed when compared to some of its competitors Friday, as Danaher Corp. DHR rose 1.79% to $258.05, Intuitive Surgical Inc. ISRG rose 2.69% to $206.10, and Becton Dickinson & Co. BDX rose 2.14% to $251.80. Trading volume (835,248) remained 608,378 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 1, 2022.
(END) Dow Jones Newswires
July 01, 2022 17:24 ET (21:24 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.