Shares of PerkinElmer Inc. (NYS:PKI) 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 (S&P:SPX) rising 0.85% to 4,480.70 and the Dow Jones Industrial Average (DOW:DJIA) 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. (NYS:TMO) rose 0.10% to $562.96, Becton Dickinson & Co. (NYS:BDX) rose 0.47% to $261.68, and Illumina Inc. (NAS:ILMN) rose 0.23% to $449.88. Trading volume (1.1 M) eclipsed its 50-day average volume of 697,519.