Waters Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Waters Corp. (WAT) slid 2.79% to $314.05 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.05% to 3,970.04 and Dow Jones Industrial Average falling 1.02% to 32,816.92. The stock's fall snapped a two-day winning streak. Waters Corp. closed $54.95 below its 52-week high ($369.00), which the company achieved on August 1st.
The stock underperformed when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. (TMO) fell 1.48% to $542.79, Danaher Corp. (DHR) fell 1.34% to $249.12, and General Electric Co. (GE) rose 0.74% to $83.55. Trading volume (357,388) eclipsed its 50-day average volume of 346,471.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2023.
(END) Dow Jones Newswires
February 24, 2023 17:31 ET (22:31 GMT)
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