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ResMed Inc. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of ResMed Inc. RMD, +0.50% inched 0.94% higher to $254.62 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. ResMed Inc. closed $46.72 below its 52-week high ($301.34), which the company achieved on September 9th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. TMO, +2.28% rose 0.66% to $577.35, Medtronic PLC MDT, -0.34% rose 1.82% to $124.80, and Koninklijke Philips N.V. ADR PHG, +3.81% rose 0.59% to $43.97. Trading volume (697,730) eclipsed its 50-day average volume of 496,026.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.