Waters Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Waters Corp. (WAT) shed 2.03% to $335.70 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.34% to 3,983.17 and the Dow Jones Industrial Average rising 0.64% to 34,189.97. The stock's fall snapped a two-day winning streak. Waters Corp. closed $33.30 below its 52-week high ($369.00), which the company achieved on August 1st.
The stock underperformed when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) fell 0.18% to $581.54, Danaher Corp. (DHR) fell 0.55% to $272.31, and General Electric Co. (GE) rose 1.51% to $78.86. Trading volume (243,041) remained 114,001 below its 50-day average volume of 357,042.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2023.
(END) Dow Jones Newswires
January 12, 2023 17:31 ET (22:31 GMT)
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