Waters Corp. Stock Falls Monday, Underperforms Market
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Shares of Waters Corp. (WAT) slid 2.64% to $324.32 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.30% to 4,017.77 and Dow Jones Industrial Average falling 0.77% to 33,717.09. This was the stock's third consecutive day of losses. Waters Corp. closed $44.68 below 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 Monday, as Thermo Fisher Scientific Inc. (TMO) fell 1.63% to $564.29, Danaher Corp. (DHR) fell 1.21% to $262.75, and General Electric Co. (GE) fell 2.88% to $80.83. Trading volume (356,044) eclipsed its 50-day average volume of 317,699.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 30, 2023.
(END) Dow Jones Newswires
January 30, 2023 17:32 ET (22:32 GMT)
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