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Oct. 19, 2021, 5:16 p.m. EDT

PerkinElmer Inc. stock rises Tuesday, still underperforms market

MarketWatch Automation

Shares of PerkinElmer Inc. (NYS:PKI) inched 0.72% higher to $171.62 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 0.74% to 4,519.63 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.56% to 35,457.31. This was the stock's fifth consecutive day of gains. PerkinElmer Inc. closed $20.38 short of its 52-week high ($192.00), which the company achieved on September 23rd.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. (NYS:TMO) rose 0.69% to $592.10, Becton Dickinson & Co. (NYS:BDX) rose 1.79% to $242.73, and Illumina Inc. (NAS:ILMN) rose 0.86% to $414.08. Trading volume (514,029) remained 142,431 below its 50-day average volume of 656,460.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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