Shares of Xylem Inc.
rallied 2.86% to $123.37 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. This was the stock's second consecutive day of gains. Xylem Inc. closed $15.41 short of its 52-week high ($138.78), which the company achieved on September 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc.
rose 0.66% to $577.35, IDEX Corp.
rose 3.77% to $213.28, and Graco Inc.
rose 2.33% to $71.04. Trading volume (640,636) remained 89,918 below its 50-day average volume of 730,554.