DJ Stryker Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Stryker Corp. $(SYK)$ rallied 2.51% to $364.10 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
The stock's rise snapped a two-day losing streak.
Stryker Corp. closed $34.10 below its 52-week high ($398.20), which the company achieved on November 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Medtronic PLC $(MDT)$ rose 3.52% to $82.68, Intuitive Surgical Inc. $(ISRG)$ rose 2.28% to $544.02, and Edwards Lifesciences Corp. $(EW)$ rose 0.69% to $74.15.
Trading volume (1.5 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 16:41 ET (21:41 GMT)
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