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Shares of ResMed Inc. RMD rallied 1.21% to $243.07 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.21% to 4,072.43 and the Dow Jones Industrial Average DJIA rising 1.03% to 32,529.63. This was the stock's fourth consecutive day of gains. ResMed Inc. closed $58.27 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 Thursday, as Thermo Fisher Scientific Inc. TMO rose 2.70% to $597.64, Medtronic PLC MDT rose 0.27% to $93.47, and Koninklijke Philips N.V. ADR PHG fell 0.99% to $21.06. Trading volume (480,655) remained 108,424 below its 50-day average volume of 589,079.
Data source: Dow Jones Market Data, FactSet. Data compiled July 28, 2022.
(END) Dow Jones Newswires
July 28, 2022 17:18 ET (21:18 GMT)
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