PerkinElmer Inc. stock underperforms Tuesday when compared to competitors Company Close Updates

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Shares of PerkinElmer Inc. /zigman2/quotes/203769792/composite PKI +6.50% shed 2.63% to $173.78 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +2.47% falling 1.84% to 4,577.11 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.76% falling 1.51% to 35,368.47. This was the stock's third consecutive day of losses. PerkinElmer Inc. closed $29.38 below its 52-week high ($203.16), which the company reached on December 31st.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO +5.97% fell 0.79% to $590.10, Becton Dickinson & Co. /zigman2/quotes/205527610/composite BDX +1.57% fell 0.84% to $260.42, and Illumina Inc. /zigman2/quotes/203509482/composite ILMN +5.95% fell 5.43% to $383.13. Trading volume (1.1 M) remained 2,615 below its 50-day average volume of 1.1 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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