Shares of Cerner Corp. CERN dropped 0.94% to $78.29 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.12% to 4,200.88 and the Dow Jones Industrial Average DJIA rising 0.41% to 34,464.64. The stock's fall snapped a two-day winning streak. Cerner Corp. closed $5.91 short of its 52-week high ($84.20), which the company reached on January 28th.
The stock underperformed when compared to some of its competitors Thursday, as 3M Co. MMM rose 0.82% to $203.24, General Electric Co. GE rose 7.09% to $14.35, and McKesson Corp. MCK rose 0.01% to $194.31. Trading volume (2.2 M) remained 342,578 below its 50-day average volume of 2.6 M.