Shares of Xylem Inc.
sank 0.06% to $118.16 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.19% to 4,247.44 and the Dow Jones Industrial Average
rising 0.04% to 34,479.60. This was the stock's third consecutive day of losses. Xylem Inc. closed $2.84 below its 52-week high ($121.00), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc.
rose 0.05% to $465.15, IDEX Corp.
rose 0.11% to $220.25, and Graco Inc.
rose 0.50% to $73.85. Trading volume (759,379) eclipsed its 50-day average volume of 659,024.