Waters Corp. Stock Falls Wednesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Waters Corp. (WAT) slipped 2.06% to $302.26 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,936.97 and Dow Jones Industrial Average falling 1.63% to 32,030.11. The stock's fall snapped a two-day winning streak. Waters Corp. closed $66.74 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 Wednesday, as Thermo Fisher Scientific Inc. (TMO) fell 0.43% to $554.32, Danaher Corp. (DHR) fell 0.83% to $246.31, and General Electric Co. (GE) fell 2.81% to $89.59. Trading volume (361,648) remained 10,219 below its 50-day average volume of 371,867.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 22, 2023 17:31 ET (21:31 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.