Waters Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Waters Corp. (WAT) inched 0.52% higher to $300.51 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. Waters Corp. closed $68.49 below its 52-week high ($369.00), which the company achieved on August 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. (TMO) rose 0.59% to $550.57, Danaher Corp. (DHR) rose 0.76% to $244.80, and General Electric Co. (GE) fell 0.41% to $89.92. Trading volume (324,715) remained 66,914 below its 50-day average volume of 391,629.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 17:30 ET (21:30 GMT)
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