Waters Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Waters Corp. (WAT) slipped 1.35% to $298.17 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,948.72 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. This was the stock's second consecutive day of losses. Waters Corp. closed $70.83 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 Thursday, as Thermo Fisher Scientific Inc. (TMO) rose 0.16% to $555.19, Danaher Corp. (DHR) rose 0.25% to $246.93, and General Electric Co. (GE) rose 2.23% to $91.59. Trading volume (318,848) remained 48,358 below its 50-day average volume of 367,206.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 17:32 ET (21:32 GMT)
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