Waters Corp. Stock Falls Wednesday, Still Outperforms Market
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Shares of Waters Corp. (WAT) slid 1.01% to $328.89 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. This was the stock's second consecutive day of losses. Waters Corp. closed $40.11 below its 52-week high ($369.00), which the company achieved on August 1st.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Thermo Fisher Scientific Inc. (TMO) fell 1.33% to $580.05, Danaher Corp. (DHR) fell 1.56% to $270.62, and General Electric Co. (GE) fell 1.52% to $79.27.true Trading volume (264,761) remained 71,955 below its 50-day average volume of 336,716.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:31 ET (22:31 GMT)
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