Waters Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Waters Corp. (WAT) shed 1.28% to $310.04 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.31% to 3,982.24 and the Dow Jones Industrial Average rising 0.22% to 32,889.09. This was the stock's second consecutive day of losses. Waters Corp. closed $58.96 below its 52-week high ($369.00), which the company reached on August 1st.
The stock underperformed when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. (TMO) fell 0.27% to $541.35, Danaher Corp. (DHR) fell 0.47% to $247.95, and General Electric Co. (GE) rose 0.35% to $83.84. Trading volume (338,426) remained 8,739 below its 50-day average volume of 347,165.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2023.
(END) Dow Jones Newswires
February 27, 2023 17:31 ET (22:31 GMT)
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