Waters Corp. Stock Outperforms Market Despite Losses On The Day
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Shares of Waters Corp. (WAT) slumped 0.72% to $344.30 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,822.39 and Dow Jones Industrial Average falling 1.05% to 33,027.49. The stock's fall snapped a two-day winning streak. Waters Corp. closed $30.94 below its 52-week high ($375.24), which the company reached on December 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) fell 0.14% to $539.14, Danaher Corp. (DHR) fell 0.89% to $258.67, and General Electric Co. (GE) fell 1.46% to $81.77. Trading volume (173,311) remained 187,798 below its 50-day average volume of 361,109.
Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2022.
(END) Dow Jones Newswires
December 22, 2022 17:32 ET (22:32 GMT)
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