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Shares of ResMed Inc. RMD inched 0.05% higher to $239.31 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.67% to 4,091.19 and Dow Jones Industrial Average DJIA falling 1.23% to 32,396.17. The stock's rise snapped a two-day losing streak. ResMed Inc. closed $62.03 short of 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 Tuesday, as Thermo Fisher Scientific Inc. TMO fell 0.60% to $586.04, Medtronic PLC MDT rose 0.14% to $93.21, and Koninklijke Philips N.V. ADR PHG fell 2.67% to $19.70. Trading volume (480,668) remained 104,586 below its 50-day average volume of 585,254.
Data source: Dow Jones Market Data, FactSet. Data compiled August 2, 2022.
(END) Dow Jones Newswires
August 02, 2022 17:19 ET (21:19 GMT)
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