Shares of PerkinElmer Inc. /zigman2/quotes/203769792/composite PKI -0.07% slipped 0.52% to $185.87 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.11% falling 0.16% to 4,473.75 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.21% falling 0.18% to 34,751.32. The stock's fall snapped a two-day winning streak. PerkinElmer Inc. closed $5.20 below its 52-week high ($191.07), which the company reached on September 8th.
The stock underperformed when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO +0.58% fell 0.45% to $560.44, Becton Dickinson & Co. /zigman2/quotes/205527610/composite BDX +0.25% rose 0.38% to $262.67, and Illumina Inc. /zigman2/quotes/203509482/composite ILMN -0.59% rose 0.01% to $449.92. Trading volume (766,044) eclipsed its 50-day average volume of 709,919.