Waters Corp. Stock Falls Wednesday, Underperforms Market
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Shares of Waters Corp. (WAT) slipped 3.17% to $301.85 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. The stock's fall snapped a two-day winning streak. Waters Corp. closed $67.15 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 Wednesday, as Thermo Fisher Scientific Inc. (TMO) fell 2.39% to $542.70, Danaher Corp. (DHR) fell 1.12% to $242.11, and General Electric Co. (GE) fell 1.55% to $89.76. Trading volume (517,869) eclipsed its 50-day average volume of 371,838.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
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March 15, 2023 17:31 ET (21:31 GMT)
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