Waters Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Waters Corp. (WAT) slid 2.70% to $298.97 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. Waters Corp. closed $70.03 below its 52-week high ($369.00), which the company achieved on August 1st.
The stock underperformed when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. (TMO) fell 1.75% to $547.34, Danaher Corp. (DHR) fell 2.56% to $242.96, and General Electric Co. (GE) fell 1.83% to $90.29. Trading volume (740,497) eclipsed its 50-day average volume of 381,596.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 17:30 ET (21:30 GMT)
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