DJ Insulet Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Insulet Corp. $(PODD)$ advanced 1.02% to $278.89 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.37 and the Dow Jones Industrial Average rising 0.30% to 44,156.73.
This was the stock's fourth consecutive day of gains.
Insulet Corp. closed 1.40% short of its 52-week high of $282.86, which the company reached on January 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Eli Lilly & Co. $(LLY)$ rose 1.57% to $753.98, DexCom Inc. $(DXCM)$ rose 0.89% to $87.09, and Johnson & Johnson $(JNJ)$ fell 1.94% to $145.27.
Trading volume (562,184) remained 31,881 below its 50-day average volume of 594,065.
Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 2025.
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(END) Dow Jones Newswires
January 22, 2025 17:10 ET (22:10 GMT)
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