Thermo Fisher Scientific Inc. stock rises Thursday, still underperforms market

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Shares of Thermo Fisher Scientific Inc. TMO, +0.66% inched 0.66% higher to $577.35 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.71% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +1.56% rising 1.56% to 34,912.56. The stock’s rise snapped a three-day losing streak. Thermo Fisher Scientific Inc. closed $39.58 short of its 52-week high ($616.93), which the company reached on September 24th.

The stock underperformed when compared to some of its competitors Thursday, as Danaher Corp. DHR, +1.54% rose 1.54% to $300.43, Intuitive Surgical Inc. ISRG, +1.52% rose 1.52% to $330.95, and Becton Dickinson & Co. BDX, +1.18% rose 1.18% to $242.68. Trading volume (845,573) remained 326,595 below its 50-day average volume of 1.2 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.