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Thermo Fisher Scientific Inc. stock underperforms Thursday when compared to competitors despite daily gains

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Terrence Horan

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Shares of Thermo Fisher Scientific Inc. TMO, +1.17% rallied 1.99% to $524.50 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, -0.54% rising 0.20% to 4,367.48 and the Dow Jones Industrial Average DJIA, -0.42% rising 0.07% to 34,823.35. Thermo Fisher Scientific Inc. closed $8.07 short of its 52-week high ($532.57), which the company reached on November 6th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Danaher Corp. DHR, -0.05% rose 3.27% to $288.96, Intuitive Surgical Inc. ISRG, +1.02% rose 3.06% to $973.89, and Becton Dickinson & Co. BDX, +0.17% rose 1.22% to $249.35. Trading volume (868,355) remained 833,875 below its 50-day average volume of 1.7 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.

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