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ResMed Inc. Stock Outperforms Market Despite Losses On The Day

DowjonesNews MarketWatch ·  Feb 12, 2022 06:22

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of ResMed Inc. (RMD) slumped 0.18% to $243.92 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index  falling 1.90% to 4,418.64 and Dow Jones Industrial Average  falling 1.43% to 34,738.06. This was the stock's second consecutive day of losses. ResMed Inc. closed $57.42 below its 52-week high ($301.34), which the company reached on September 9th.

Despite its losses, the stock outperformed some of its competitors Friday, as Thermo Fisher Scientific Inc. (TMO) fell 2.41% to $566.29, Medtronic PLC (MDT) fell 1.80% to $102.99, and Koninklijke Philips N.V. ADR (PHIA.AE) fell 0.85% to $33.66.true Trading volume (1.2 M) eclipsed its 50-day average volume of 542,899.

Data source: Dow Jones Market Data, FactSet. Data compiled February 11, 2022.

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