Waters Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Waters Corp. (WAT) slipped 1.62% to $321.59 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.07% to 4,048.42 and the Dow Jones Industrial Average rising 0.12% to 33,431.44. The stock's fall snapped a two-day winning streak. Waters Corp. closed $47.41 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 0.16% to $558.52, Danaher Corp. (DHR) fell 1.30% to $249.85, and General Electric Co. (GE) rose 0.88% to $87.06. Trading volume (365,716) eclipsed its 50-day average volume of 346,494.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2023.
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March 06, 2023 17:32 ET (22:32 GMT)
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