Shares of PerkinElmer Inc. rose 2.55% to $183.59 Friday, 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 0.72% to 4,682.85 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.50% to 36,100.31. This was the stock's fifth consecutive day of gains. PerkinElmer Inc. closed $8.41 short of its 52-week high ($192.00), which the company reached on September 23rd.
The stock outperformed some of its competitors Friday, as Thermo Fisher Scientific Inc. (NYS:TMO) rose 0.60% to $635.25, Becton Dickinson & Co. (NYS:BDX) fell 0.41% to $244.00, and Illumina Inc. (NAS:ILMN) fell 0.44% to $383.45. Trading volume (1.2 M) eclipsed its 50-day average volume of 656,670.