Waters Corp. Stock Rises Thursday, Still Underperforms Market
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Shares of Waters Corp. (WAT) advanced 1.52% to $345.88 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.75% to 3,849.28 and the Dow Jones Industrial Average rising 1.05% to 33,220.80. The stock's rise snapped a two-day losing streak. Waters Corp. closed $29.36 short of its 52-week high ($375.24), which the company reached on December 31st.
The stock underperformed when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) rose 2.50% to $557.01, Danaher Corp. (DHR) rose 3.00% to $266.85, and General Electric Co. (GE) rose 2.17% to $83.75. Trading volume (207,958) remained 138,451 below its 50-day average volume of 346,409.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2022.
(END) Dow Jones Newswires
December 29, 2022 17:31 ET (22:31 GMT)
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