Shares of Perrigo Co. PLC PRGO rallied 1.62% to $42.73 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.93% to 4,173.42 and the Dow Jones Industrial Average DJIA rising 0.93% to 34,137.31. This was the stock's sixth consecutive day of gains. Perrigo Co. PLC closed $16.10 short of its 52-week high ($58.83), which the company reached on July 17th.
The stock underperformed when compared to some of its competitors Wednesday, as Daiichi Sankyo Co. Ltd. DSKYF rose 2.92% to $27.82, Catalent Inc. CTLT rose 1.75% to $111.27, and United Therapeutics Corp. UTHR rose 2.10% to $211.93. Trading volume (857,095) remained 533,041 below its 50-day average volume of 1.4 M.