Waters Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Waters Corp. (WAT) slipped 2.59% to $320.20 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.00% to 3,997.34 and Dow Jones Industrial Average falling 2.06% to 33,129.59. Waters Corp. closed $48.80 short of its 52-week high ($369.00), which the company achieved on August 1st.
The stock underperformed when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. (TMO) fell 1.60% to $550.77, Danaher Corp. (DHR) fell 2.15% to $250.79, and General Electric Co. (GE) fell 0.94% to $82.26. Trading volume (524,485) eclipsed its 50-day average volume of 335,086.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2023.
(END) Dow Jones Newswires
February 21, 2023 17:31 ET (22:31 GMT)
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