Shares of Perrigo Co. PLC /zigman2/quotes/201110862/composite PRGO +0.54% advanced 3.11% to $47.44 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.15% rising 0.12% to 4,374.30 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.10% rising 0.13% to 34,933.23. The stock's rise snapped a two-day losing streak. Perrigo Co. PLC closed $11.39 below its 52-week high ($58.83), which the company achieved on July 17th.
The stock outperformed some of its competitors Wednesday, as Daiichi Sankyo Co. Ltd. /zigman2/quotes/208524651/composite DSKYF -2.74% fell 0.09% to $21.69, Catalent Inc. /zigman2/quotes/206700489/composite CTLT +0.23% fell 1.93% to $111.14, and United Therapeutics Corp. /zigman2/quotes/207551939/composite UTHR -2.68% rose 0.02% to $183.59. Trading volume (1.4 M) eclipsed its 50-day average volume of 1.2 M.