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Shares of ResMed Inc. RMD advanced 1.38% to $220.28 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.50% to 3,902.62 and the Dow Jones Industrial Average DJIA rising 1.12% to 31,384.55. This was the stock's fourth consecutive day of gains. ResMed Inc. closed $81.06 short of its 52-week high ($301.34), which the company reached on September 9th.
The stock outperformed some of its competitors Thursday, as Thermo Fisher Scientific Inc. TMO fell 0.41% to $553.76, Medtronic PLC MDT fell 0.13% to $89.50, and Koninklijke Philips N.V. ADR PHG fell 1.37% to $20.86. Trading volume (599,219) remained 47,750 below its 50-day average volume of 646,969.
Data source: Dow Jones Market Data, FactSet. Data compiled July 7, 2022.
(END) Dow Jones Newswires
July 07, 2022 17:18 ET (21:18 GMT)
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