Waters Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Waters Corp. (WAT) slid 1.42% to $304.96 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,861.59 and Dow Jones Industrial Average falling 1.07% to 31,909.64. This was the stock's second consecutive day of losses. Waters Corp. closed $64.04 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 Friday, as Thermo Fisher Scientific Inc. (TMO) fell 1.70% to $543.83, Danaher Corp. (DHR) fell 1.59% to $239.75, and General Electric Co. (GE) fell 0.61% to $91.00. Trading volume (451,898) eclipsed its 50-day average volume of 356,117.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2023.
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March 10, 2023 17:31 ET (22:31 GMT)
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