Waters Corp. Stock Falls Friday, Underperforms Market
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Shares of Waters Corp. (WAT) slid 0.95% to $342.58 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.25% to 3,839.50 and Dow Jones Industrial Average falling 0.22% to 33,147.25. Waters Corp. closed $32.66 short of 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 Friday, as Thermo Fisher Scientific Inc. (TMO) fell 1.13% to $550.69, Danaher Corp. (DHR) fell 0.54% to $265.42, and General Electric Co. (GE) rose 0.05% to $83.79. Trading volume (231,202) remained 111,035 below its 50-day average volume of 342,237.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2022.
(END) Dow Jones Newswires
December 30, 2022 17:31 ET (22:31 GMT)
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