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Shares of ResMed Inc. RMD inched 0.40% higher to $217.29 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.36% to 3,845.08 and the Dow Jones Industrial Average DJIA rising 0.23% to 31,037.68. This was the stock's third consecutive day of gains. ResMed Inc. closed $84.05 below its 52-week high ($301.34), which the company achieved on September 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. TMO rose 2.01% to $556.04, Medtronic PLC MDT fell 0.96% to $89.62, and Koninklijke Philips N.V. ADR PHG rose 0.76% to $21.15. Trading volume (781,977) eclipsed its 50-day average volume of 638,977.
Data source: Dow Jones Market Data, FactSet. Data compiled July 6, 2022.
(END) Dow Jones Newswires
July 06, 2022 17:18 ET (21:18 GMT)
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