Waters Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Waters Corp. (WAT) shed 1.68% to $340.71 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.20% to 3,783.22 and Dow Jones Industrial Average falling 1.10% to 32,875.71. This was the stock's second consecutive day of losses. Waters Corp. closed $34.53 below its 52-week high ($375.24), which the company achieved on December 31st.
The stock underperformed when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. (TMO) fell 0.37% to $543.41, Danaher Corp. (DHR) fell 0.59% to $259.34, and General Electric Co. (GE) fell 1.05% to $81.97. Trading volume (184,827) remained 167,170 below its 50-day average volume of 351,997.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2022.
(END) Dow Jones Newswires
December 28, 2022 17:32 ET (22:32 GMT)
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