Shares of PerkinElmer Inc. /zigman2/quotes/203769792/composite PKI -0.07% rose 1.89% to $186.84 Wednesday, 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 -0.11% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.21% rising 0.68% to 34,814.39. This was the stock's second consecutive day of gains. PerkinElmer Inc. closed $4.23 below its 52-week high ($191.07), which the company achieved on September 8th.
The stock outperformed some of its competitors Wednesday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO +0.58% rose 0.10% to $562.96, Becton Dickinson & Co. /zigman2/quotes/205527610/composite BDX +0.25% rose 0.47% to $261.68, and Illumina Inc. /zigman2/quotes/203509482/composite ILMN -0.59% rose 0.23% to $449.88. Trading volume (1.1 M) eclipsed its 50-day average volume of 697,519.