Shares of Xylem Inc.
shed 0.35% to $122.00 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.20% to 4,367.48 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. The stock's fall snapped a two-day winning streak. Xylem Inc. closed $0.86 below its 52-week high ($122.86), which the company reached on July 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc.
rose 1.99% to $524.50, IDEX Corp.
fell 0.55% to $226.21, and Graco Inc.
fell 2.83% to $76.10. Trading volume (414,511) remained 414,320 below its 50-day average volume of 828,831.