Shares of Xylem Inc.
rallied 3.90% to $115.95 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.06% to 34,133.03 and the S&P 500 Index
falling 0.67% to 4,164.66. This was the stock's second consecutive day of gains. Xylem Inc. hit a new 52-week high, surpassing its previous peak of $112.64, which the company reached on April 29th.
The stock outperformed some of its competitors Tuesday, as Thermo Fisher Scientific Inc.
fell 0.45% to $465.28, IDEX Corp.
rose 1.72% to $227.34, and Graco Inc.
rose 1.49% to $77.63. Trading volume (1.3 M) eclipsed its 50-day average volume of 792,752.