Waters Corp. Stock Rises Friday, Outperforms Market

Wesco International Inc

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Industrials : Trading Companies & Distributors | Mid Cap Blend

Company profile

WESCO International, Inc. is a provider of business-to-business distribution, logistics services and supply chain solutions. The Company conducts its business through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS) and Utility & Broadband Solutions (UBS). The EES segment supplies a range of products and solutions primarily to the construction, industrial and original equipment manufacturer (OEM) markets. Its EES segment supplies various products, including electrical equipment and supplies, automation and connected devices (the Internet of Things), security, lighting, wire and cable, safety, and maintenance, repair and operating (MRO) products. Its CSS segment operates in the network infrastructure and security markets. The UBS segment provides products and services to investor-owned utilities, public power companies, including municipalities, as well as global service providers, wireless providers and broadband operators.

Waters Corp. Stock Rises Friday, Outperforms Market

5:32 pm ET January 13, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Waters Corp. (WAT) rose 1.01% to $339.08 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.40% to 3,999.09 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. Waters Corp. closed $29.92 short of its 52-week high ($369.00), which the company reached on August 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. (TMO) rose 0.40% to $583.84, Danaher Corp. (DHR) rose 0.48% to $273.62, and General Electric Co. (GE) rose 1.70% to $80.20. Trading volume (182,668) remained 167,856 below its 50-day average volume of 350,524.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.

(END) Dow Jones Newswires

January 13, 2023 17:32 ET (22:32 GMT)