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Shares of ResMed Inc. RMD inched 0.95% higher to $226.90 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.59% to 3,959.90 and the Dow Jones Industrial Average DJIA rising 0.15% to 31,874.84. This was the stock's second consecutive day of gains. ResMed Inc. closed $74.44 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 rose 0.33% to $538.65, Medtronic PLC MDT fell 1.22% to $89.23, and Koninklijke Philips N.V. ADR PHG rose 0.05% to $21.79. Trading volume (318,860) remained 281,663 below its 50-day average volume of 600,523.
Data source: Dow Jones Market Data, FactSet. Data compiled July 20, 2022.
(END) Dow Jones Newswires
July 20, 2022 17:19 ET (21:19 GMT)
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