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Shares of ResMed Inc. RMD slid 0.50% to $215.78 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.92% to 3,818.80 and Dow Jones Industrial Average DJIA falling 0.62% to 30,981.33. This was the stock's third consecutive day of losses. ResMed Inc. closed $85.56 below its 52-week high ($301.34), which the company reached on September 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. TMO fell 4.86% to $530.93, Medtronic PLC MDT fell 0.29% to $88.69, and Koninklijke Philips N.V. ADR PHG fell 0.10% to $20.78. Trading volume (494,633) remained 147,537 below its 50-day average volume of 642,170.
Data source: Dow Jones Market Data, FactSet. Data compiled July 12, 2022.
(END) Dow Jones Newswires
July 12, 2022 17:22 ET (21:22 GMT)
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