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Shares of ResMed Inc. RMD inched 0.84% higher to $240.16 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 2.62% to 4,023.61 and the Dow Jones Industrial Average DJIA rising 1.37% to 32,197.59. This was the stock's third consecutive day of gains. ResMed Inc. closed $61.18 below its 52-week high ($301.34), which the company achieved on September 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. TMO rose 1.51% to $581.93, Medtronic PLC MDT rose 1.44% to $93.22, and Koninklijke Philips N.V. ADR PHG fell 0.42% to $21.27. Trading volume (351,762) remained 237,317 below its 50-day average volume of 589,079.
Data source: Dow Jones Market Data, FactSet. Data compiled July 27, 2022.
(END) Dow Jones Newswires
July 27, 2022 17:19 ET (21:19 GMT)
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