Waters Corp. Stock Rises Thursday, Outperforms Market
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Shares of Waters Corp. (WAT) advanced 1.80% to $307.28 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. Waters Corp. closed $61.72 below its 52-week high ($369.00), which the company reached on August 1st.
The stock underperformed when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) rose 2.65% to $557.09, Danaher Corp. (DHR) rose 2.99% to $249.34, and General Electric Co. (GE) rose 2.46% to $91.97. Trading volume (433,644) eclipsed its 50-day average volume of 377,740.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
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March 16, 2023 17:31 ET (21:31 GMT)
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