Shares of Cerner Corp. /zigman2/quotes/209885277/composite CERN -0.29% dropped 0.04% to $92.26 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -4.04% rising 0.92% to 4,713.07 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -3.57% rising 0.51% to 36,252.02. This was the stock's ninth consecutive day of losses. Cerner Corp. closed $1.18 short of its 52-week high ($93.44), which the company achieved on December 30th.
The stock underperformed when compared to some of its competitors Tuesday, as 3M Co. /zigman2/quotes/205029460/composite MMM -2.26% rose 0.88% to $178.98, General Electric Co. /zigman2/quotes/208495069/composite GE -1.57% rose 2.38% to $101.79, and McKesson Corp. /zigman2/quotes/206975466/composite MCK -3.75% rose 1.64% to $254.83. Trading volume (3.0 M) remained 1.9 million below its 50-day average volume of 4.9 M.