DJ Xylem Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Xylem Inc. $(XYL)$ inched 0.57% higher to $137.46 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.47% to 5,842.47 and the Dow Jones Industrial Average rising 0.79% to 43,077.70.
Xylem Inc. closed $8.62 below its 52-week high ($146.08), which the company reached on May 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Dover Corp. $(DOV)$ rose 0.79% to $192.79.
Trading volume (978,188) remained 117,197 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 16, 2024.
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(END) Dow Jones Newswires
October 16, 2024 17:01 ET (21:01 GMT)
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