Published on 27 Jan 2023 on Market Watch
PerkinElmer Inc. stock underperforms Thursday when compared to competitors
Shares of PerkinElmer Inc. dropped 0.09% to $134.96 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.10% to 4,060.43 and the Dow Jones Industrial Average rising 0.61% to 33,949.41. PerkinElmer Inc. closed $55.60 below its 52-week high ($190.56), which the company reached on February 9th.
The stock underperformed when compared to some of its competitors Thursday, as Danaher Corp. rose 1.11% to $265.86, IDEXX Laboratories Inc. rose 0.38% to $487.00, and Agilent Technologies Inc. rose 0.30% to $156.23. Trading volume (969,422) eclipsed its 50-day average volume of 797,416.