Waters Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Waters Corp. (WAT) slid 1.06% to $299.53 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.16% to 3,971.27 and Dow Jones Industrial Average falling 0.12% to 32,394.25. The stock's fall snapped a two-day winning streak. Waters Corp. closed $69.47 short of its 52-week high ($369.00), which the company reached on August 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. (TMO) fell 1.33% to $554.23, Danaher Corp. (DHR) fell 0.45% to $246.85, and General Electric Co. (GE) fell 0.18% to $93.14. Trading volume (183,305) remained 181,594 below its 50-day average volume of 364,899.
Data source: Dow Jones Market Data, FactSet. Data compiled March 28, 2023.
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March 28, 2023 17:31 ET (21:31 GMT)
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