Shares of PerkinElmer Inc. /zigman2/quotes/203769792/composite PKI +1.16% shed 1.10% to $166.66 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.32% falling 0.24% to 4,350.65 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.68% falling 0.34% to 34,378.34. This was the stock's third consecutive day of losses. PerkinElmer Inc. closed $25.34 below its 52-week high ($192.00), which the company achieved on September 23rd.
The stock underperformed when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO +1.57% fell 0.48% to $575.91, Becton Dickinson & Co. /zigman2/quotes/205527610/composite BDX -0.60% rose 1.09% to $238.39, and Illumina Inc. /zigman2/quotes/203509482/composite ILMN +0.28% rose 0.01% to $404.40. Trading volume (860,243) eclipsed its 50-day average volume of 672,977.