West Pharmaceutical Services Inc. Stock Slips 38.2%, Underperforms Competitors

Dow Jones
02-14

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

Shares of West Pharmaceutical Services Inc. plummeted 38.2% to $199.11 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.0% to 6,115.07 and the Dow Jones Industrial Average rising 0.8% to 44,711.43.

This was the stock's third consecutive day of losses.

West Pharmaceutical Services Inc. closed 50.3% short of its 52-week high of $400.88, which the company achieved on March 21st.

The stock underperformed when compared to some of its competitors, as Abbott Laboratories rose 1.0% to $131.79, Becton Dickinson & Co. fell 0.4% to $225.01, and Baxter International Inc. rose 1.09% to $30.62.

Trading volume totaled 5.1 million, compared to the 50-day average of 467,948.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 13, 2025 16:33 ET (21:33 GMT)

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