DJ $Danaher Corp(DHR-W)$. Stock Underperforms Friday When Compared To Competitors
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Shares of Danaher Corp. $(DHR)$ slipped 8.15% to $181.77 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 5.97% to 5,074.08 and Dow Jones Industrial Average falling 5.50% to 38,314.86.
This was the stock's second consecutive day of losses.
Danaher Corp. closed 35.47% short of its 52-week high of $281.70, which the company achieved on August 1st.
The stock underperformed when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. $(TMO)$ fell 6.83% to $437.91, Abbott Laboratories $(ABT)$ fell 5.46% to $124.44, and Medtronic PLC $(MDT)$ fell 5.70% to $82.88.
Trading volume (7.1 M) eclipsed its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 4, 2025.
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(END) Dow Jones Newswires
April 04, 2025 16:35 ET (20:35 GMT)
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