Shares of PerkinElmer Inc. /zigman2/quotes/203769792/composite PKI +0.08% inched 0.56% higher to $186.08 Thursday, 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 +0.75% rising 1.21% to 4,448.98 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% rising 1.48% to 34,764.82. This was the stock's third consecutive day of gains. PerkinElmer Inc. closed $4.99 short of its 52-week high ($191.07), which the company reached on September 8th.
The stock outperformed some of its competitors Thursday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO +0.95% rose 0.26% to $608.23, Becton Dickinson & Co. /zigman2/quotes/205527610/composite BDX -0.61% fell 1.16% to $253.82, and Illumina Inc. /zigman2/quotes/203509482/composite ILMN +0.45% fell 0.32% to $433.20. Trading volume (1.1 M) eclipsed its 50-day average volume of 739,482.