Shares of Thermo Fisher Scientific Inc.
inched 0.66% higher to $577.35 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. The stock's rise snapped a three-day losing streak. Thermo Fisher Scientific Inc. closed $39.58 short of its 52-week high ($616.93), which the company reached on September 24th.
The stock underperformed when compared to some of its competitors Thursday, as Danaher Corp.
rose 1.54% to $300.43, Intuitive Surgical Inc.
rose 1.52% to $330.95, and Becton Dickinson & Co.
rose 1.18% to $242.68. Trading volume (845,573) remained 326,595 below its 50-day average volume of 1.2 M.