DJ $Danaher Corp(DHR-W)$. Stock Underperforms Monday When Compared To Competitors
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Shares of Danaher Corp. $(DHR)$ shed 3.81% to $214.26 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,994.57 and Dow Jones Industrial Average falling 0.28% to 44,421.91.
This was the stock's fifth consecutive day of losses.
Danaher Corp. closed 23.94% short of its 52-week high of $281.70, which the company reached on August 1st.
The stock underperformed when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. $(TMO)$ fell 0.67% to $593.75, Abbott Laboratories $(ABT)$ rose 0.41% to $128.45, and Medtronic PLC $(MDT)$ fell 0.32% to $90.53.
Trading volume (5.8 M) eclipsed its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2025.
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(END) Dow Jones Newswires
February 03, 2025 16:35 ET (21:35 GMT)
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