Shares of Perrigo Co. PLC /zigman2/quotes/201110862/composite PRGO +0.54% inched 0.51% higher to $47.34 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.15% falling 0.02% to 4,400.64 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.10% falling 0.36% to 34,930.93. This was the stock's second consecutive day of gains. Perrigo Co. PLC closed $9.69 short of its 52-week high ($57.03), which the company reached on July 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Daiichi Sankyo Co. Ltd. /zigman2/quotes/208524651/composite DSKYF -2.74% rose 2.49% to $20.62, Catalent Inc. /zigman2/quotes/206700489/composite CTLT +0.23% rose 2.20% to $116.51, and United Therapeutics Corp. /zigman2/quotes/207551939/composite UTHR -2.68% fell 0.47% to $185.46. Trading volume (735,221) remained 370,333 below its 50-day average volume of 1.1 M.