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Shares of ResMed Inc. RMD rose 1.14% to $218.25 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.45% to 3,801.78 and Dow Jones Industrial Average DJIA falling 0.67% to 30,772.79. The stock's rise snapped a three-day losing streak. ResMed Inc. closed $83.09 below its 52-week high ($301.34), which the company reached on September 9th.
The stock outperformed some of its competitors Wednesday, as Thermo Fisher Scientific Inc. TMO fell 1.47% to $523.15, Medtronic PLC MDT fell 0.88% to $87.91, and Koninklijke Philips N.V. ADR PHG fell 0.77% to $20.62. Trading volume (626,826) remained 7,754 below its 50-day average volume of 634,580.
Data source: Dow Jones Market Data, FactSet. Data compiled July 13, 2022.
(END) Dow Jones Newswires
July 13, 2022 17:21 ET (21:21 GMT)
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