Waters Corp. Stock Falls Monday, Underperforms Market
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Shares of Waters Corp. (WAT) slipped 1.27% to $337.04 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,111.08 and Dow Jones Industrial Average falling 0.10% to 33,891.02. This was the stock's second consecutive day of losses. Waters Corp. closed $31.96 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 1.97% to $576.17, Danaher Corp. (DHR) fell 2.26% to $263.75, and General Electric Co. (GE) rose 0.48% to $82.35. Trading volume (248,275) remained 70,124 below its 50-day average volume of 318,399.
Data source: Dow Jones Market Data, FactSet. Data compiled February 6, 2023.
(END) Dow Jones Newswires
February 06, 2023 17:31 ET (22:31 GMT)
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