Shares of Zimmer Biomet Holdings Inc.
slipped 0.57% to $158.66 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. Zimmer Biomet Holdings Inc. closed $21.70 short of its 52-week high ($180.36), which the company achieved on April 29th.
The stock underperformed when compared to some of its competitors Thursday, as Johnson & Johnson
rose 0.29% to $169.98, Stryker Corp.
rose 0.16% to $259.10, and Smith & Nephew PLC ADR
rose 0.16% to $42.70. Trading volume (860,619) remained 404,202 below its 50-day average volume of 1.3 M.