Shares of PerkinElmer Inc. (NYS:PKI) advanced 2.89% to $176.58 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 0.37% to 4,536.19 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.43% to 35,609.34. This was the stock's sixth consecutive day of gains. PerkinElmer Inc. closed $15.42 short of its 52-week high ($192.00), which the company reached on September 23rd.
The stock outperformed some of its competitors Wednesday, as Thermo Fisher Scientific Inc. (NYS:TMO) rose 2.28% to $605.60, Becton Dickinson & Co. (NYS:BDX) rose 1.72% to $246.90, and Illumina Inc. (NAS:ILMN) fell 0.15% to $413.45. Trading volume (597,411) remained 51,568 below its 50-day average volume of 648,979.