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Shares of ResMed Inc. RMD rallied 1.68% to $221.92 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,790.38 and Dow Jones Industrial Average DJIA falling 0.46% to 30,630.17. This was the stock's second consecutive day of gains. ResMed Inc. closed $79.42 below 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 rose 0.47% to $525.63, Medtronic PLC MDT fell 0.46% to $87.51, and Koninklijke Philips N.V. ADR PHG fell 0.82% to $20.45. Trading volume (692,040) eclipsed its 50-day average volume of 626,370.
Data source: Dow Jones Market Data, FactSet. Data compiled July 14, 2022.
(END) Dow Jones Newswires
July 14, 2022 17:19 ET (21:19 GMT)
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