Company Close Updates

Thermo Fisher Scientific Inc. stock rises Wednesday, still underperforms market

Company Logo

Terrence Horan

Referenced Symbols

Shares of Thermo Fisher Scientific Inc. TMO, +0.25% inched 0.10% higher to $562.96 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.15% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.10% rising 0.68% to 34,814.39. This was the stock's second consecutive day of gains. Thermo Fisher Scientific Inc. closed $12.67 below its 52-week high ($575.63), which the company achieved on September 10th.

The stock underperformed when compared to some of its competitors Wednesday, as Danaher Corp. DHR, -0.16% rose 0.36% to $325.26, Intuitive Surgical Inc. ISRG, -0.14% rose 0.63% to $1,045.52, and Becton Dickinson & Co. BDX, -0.25% rose 0.47% to $261.68. Trading volume (1.2 M) eclipsed its 50-day average volume of 1.0 M.

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.